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Index Trend Analysis Report

Prepared for you on Saturday, July 31, 2021.

European Renewable Energy Total Return Index (EUR) (CME:ERIX)

Strong Downtrend (-100) - ERIX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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

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

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

CME_ERIX
Open High Low ERIX Price Change
2400.29 2427.01 2371.34 2387.95 -29.13
Entry Signal

MarketClub’s Trade Triangles for ERIX

long term down The long-term trend has been DOWN since Mar 3rd, 2021 at 2425.92

intermediate term down The intermediate-term trend has been DOWN since Jul 19th, 2021 at 2362.08

short term down The short-term trend has been DOWN since Jul 30th, 2021 at 2373.70

Smart Scan Analysis for ERIX

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

-100
Smart Scan Analysis for ERIX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2400.29 2427.01 2371.34 2387.95 -29.13
Prev. Close Volume Bid Ask Time
2387.95 0 2021-07-30 13:53:05
52wk High1122.9952wk High Date2018-11-29
52wk Low894.4352wk Low Date2017-12-06
Estimated Volume26
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