Index Trend Analysis Report
Prepared for you on Tuesday, August 11, 2020.
European Renewable Energy Total Return Index (EUR) (CME:ERIX)
Strong Uptrend (+100) - ERIX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ERIX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for ERIX
The long-term trend has been UP since Jul 7th, 2020 at 1605.14
The intermediate-term trend has been UP since Jul 2nd, 2020 at 1576.30
The short-term trend has been UP since Jul 31st, 2020 at 1760.12
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).
|52wk High||1122.99||52wk High Date||2018-11-29|
|52wk Low||894.43||52wk Low Date||2017-12-06|