Index Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
WORLD URANIUM INDEX (USD) (CME:URAXPD)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for URAXPD
The long term trend has been UP since Aug 1st, 2017 at 236.62
The intermediate term trend has been DOWN since Jan 30th, 2018 at 269.13
The short term trend has been UP since Mar 21st, 2018 at 251.41
Smart Scan Analysis for URAXPD
Based on a pre-defined weighted trend formula for chart analysis, URAXPD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||279.45||52wk High Date||2018-01-15|
|52wk Low||205.34||52wk Low Date||2017-06-21|