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.
MarketClub’s Trade Triangles for ERIX
The long-term trend has been DOWN since Mar 3rd, 2021 at 2425.92
The intermediate-term trend has been DOWN since Jul 19th, 2021 at 2362.08
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).
|52wk High||1122.99||52wk High Date||2018-11-29|
|52wk Low||894.43||52wk Low Date||2017-12-06|