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Index Trend Analysis Report

Prepared for you on Tuesday, May 18, 2021.

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
283.48 283.61 275.59 280.47 -2.76
Entry Signal

MarketClub’s Trade Triangles for SOLEXD

long term down The long-term trend has been DOWN since Mar 5th, 2021 at 303.37

intermediate term down The intermediate-term trend has been DOWN since May 3rd, 2021 at 313.74

short term down The short-term trend has been DOWN since Apr 28th, 2021 at 349.42

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
283.48 283.61 275.59 280.47 -2.76
Prev. Close Volume Bid Ask Time
280.48 0 2021-05-17 16:20:04
52wk High133.8252wk High Date2018-05-14
52wk Low79.2752wk Low Date2018-10-29
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