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Index Trend Analysis Report

Prepared for you on Sunday, March 24, 2019.

EUROPEAN RENEWABLE ENERGY TOTAL RETURN I (CME:ERIXD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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.

CME_ERIXD
Open High Low ERIXD Price Change
1289.49 1291.68 1257.87 1257.87 -29.52
Entry Signal

MarketClub’s Trade Triangles for ERIXD

long term up The long term trend has been UP since Jan 9th, 2019 at 1150.00

intermediate term up The intermediate term trend has been UP since Jan 9th, 2019 at 1150.00

short term down The short term trend has been DOWN since Mar 22nd, 2019 at 1277.29

Smart Scan Analysis for ERIXD

Based on a pre-defined weighted trend formula for chart analysis, ERIXD scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for ERIXD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1289.49 1291.68 1257.87 1257.87 -29.52
Prev. Close Volume Bid Ask Time
1242.14 0 2019-03-22 15:40:53
52wk High1167.9752wk High Date2018-05-22
52wk Low926.4952wk Low Date2017-12-06
Want to analyze EUROPEAN RENEWABLE ENERGY TOTAL RETURN I ERIXD or another symbol? Try our Free Index Trend Analysis Report.