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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

World Solar Energy Total Return Index (USD) (CME:SOLEXD)

Long-Term Downtrend (-90) - SOLEXD is in a strong downtrend that is likely to continue. While SOLEXD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

CME_SOLEXD
Open High Low SOLEXD Price Change
155.14 159.28 154.97 158.92 +3.86
Entry Signal

MarketClub’s Trade Triangles for SOLEXD

long term down The long-term trend has been DOWN since Oct 10th, 2022 at 260.53

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 163.87

short term down The short-term trend has been DOWN since Apr 25th, 2024 at 153.14

Smart Scan Analysis for SOLEXD

Based on our trend formula, SOLEXD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SOLEXD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
155.14 159.28 154.97 158.92 +3.86
Prev. Close Volume Bid Ask Time
155.06 0 2024-04-26 13:43:49
52wk High133.8252wk High Date2018-05-14
52wk Low79.2752wk Low Date2018-10-29
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