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Index Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
S&P Global Timber and Forestry Index (EURO) (CME:SPGTTFE)
Sidelines Mode (+55) - SPGTTFE 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 SPGTTFE?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGTTFE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPGTTFE
The long-term trend has been UP since Jul 25th, 2023 at 2049.04
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 2256.67
The short-term trend has been UP since Apr 21st, 2024 at 2201.28
Smart Scan Analysis for SPGTTFE
Based on our trend formula, SPGTTFE is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2206.92 | 2213.07 | 2206.35 | 2209.30 | +2.51 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2206.79 | 0 | 2024-04-24 04:18:00 |
| 52wk High | 2183.03 | 52wk High Date | 2018-06-07 |
| 52wk Low | 1697.17 | 52wk Low Date | 2018-11-28 |