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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.

CME_ERIX
Open High Low ERIX Price Change
1793.34 1852.52 1793.34 1851.18 +62.59
Entry Signal

MarketClub’s Trade Triangles for ERIX

long term up The long-term trend has been UP since Jul 7th, 2020 at 1605.14

intermediate term up The intermediate-term trend has been UP since Jul 2nd, 2020 at 1576.30

short term up 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).

+100
Smart Scan Analysis for ERIX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1793.34 1852.52 1793.34 1851.18 +62.59
Prev. Close Volume Bid Ask Time
1481.56 0 2020-08-11 05:03:18
52wk High1122.9952wk High Date2018-11-29
52wk Low894.4352wk Low Date2017-12-06
Estimated Volume26
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