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Index Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

World Uranium Index (EUR) (CME:URAXP)

Bear Market Rally (-75) - URAXP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on URAXP as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid URAXP?

MarketClub looks at technical strength and momentum to determine if the timing is right for URAXP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_URAXP
Open High Low URAXP Price Change
863.96 866.17 862.90 865.65 +2.14
Entry Signal

MarketClub’s Trade Triangles for URAXP

long term down The long-term trend has been DOWN since Mar 14th, 2024 at 851.83

intermediate term down The intermediate-term trend has been DOWN since Feb 19th, 2024 at 945.05

short term up The short-term trend has been UP since Mar 13th, 2024 at 883.67

Smart Scan Analysis for URAXP

Based on our trend formula, URAXP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for URAXP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
863.96 866.17 862.90 865.65 +2.14
Prev. Close Volume Bid Ask Time
863.51 0 2024-03-19 04:31:04
52wk High314.2252wk High Date2018-06-06
52wk Low258.3852wk Low Date2018-03-29
Estimated Volume2
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