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Index Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

World Uranium Total Return Index (EUR) (CME:URAX)

Sidelines Mode (-55) - URAX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_URAX
Open High Low URAX Price Change
787.57 789.15 784.08 784.72 -4.98
Entry Signal

MarketClub’s Trade Triangles for URAX

long term up The long-term trend has been UP since Sep 3rd, 2021 at 759.17

intermediate term down The intermediate-term trend has been DOWN since Dec 1st, 2021 at 779.03

short term up The short-term trend has been UP since Dec 7th, 2021 at 791.38

Smart Scan Analysis for URAX

Based on our trend formula, URAX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for URAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
787.57 789.15 784.08 784.72 -4.98
Prev. Close Volume Bid Ask Time
789.70 0 2021-12-08 08:35:04
52wk High371.8852wk High Date2018-06-06
52wk Low304.2152wk Low Date2017-12-01
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