Index Trend Analysis Report
Prepared for you on Thursday, February 20, 2020.
World Solar Energy Total Return Index (EUR) (CME:SOLEX)
Strong Uptrend (+100) - SOLEX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SOLEX 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 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.
MarketClub’s Trade Triangles for SOLEX
The long-term trend has been UP since Jan 2nd, 2020 at 137.02
The intermediate-term trend has been UP since Feb 4th, 2020 at 146.80
The short-term trend has been UP since Feb 4th, 2020 at 142.99
Smart Scan Analysis for SOLEX
Based on our trend formula, SOLEX is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||134.58||52wk High Date||2018-05-31|
|52wk Low||83.52||52wk Low Date||2018-10-29|