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Index Trend Analysis Report

Prepared for you on Monday, June 5, 2023.

World Solar Energy Total Return Index (EUR) (CME:SOLEX)

Weak Downtrend (-65) - SOLEX is showing signs of a strengthening downtrend. Monitor SOLEX as it may be building momentum to the downside.

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

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

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

CME_SOLEX
Open High Low SOLEX Price Change
240.67 242.22 237.55 238.61 -2.29
Entry Signal

MarketClub’s Trade Triangles for SOLEX

long term down The long-term trend has been DOWN since Oct 11th, 2022 at 311.16

intermediate term down The intermediate-term trend has been DOWN since Apr 25th, 2023 at 252.28

short term up The short-term trend has been UP since Jun 2nd, 2023 at 239.63

Smart Scan Analysis for SOLEX

Based on our trend formula, SOLEX is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for SOLEX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
240.67 242.22 237.55 238.61 -2.29
Prev. Close Volume Bid Ask Time
240.90 0 2023-06-05 14:58:34
52wk High134.5852wk High Date2018-05-31
52wk Low83.5252wk Low Date2018-10-29
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