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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

S&P Global Timber and Forestry Index (TR) (CME:SPGTTFT)

Weak Downtrend (-65) - SPGTTFT is showing signs of a strengthening downtrend. Monitor SPGTTFT as it may be building momentum to the downside.

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

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

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

CME_SPGTTFT
Open High Low SPGTTFT Price Change
3567.32 3596.31 3555.77 3567.32 +2.13
Entry Signal

MarketClub’s Trade Triangles for SPGTTFT

long term up The long-term trend has been UP since Nov 14th, 2023 at 3413.92

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 3651.91

short term down The short-term trend has been DOWN since Apr 25th, 2024 at 3571.09

Smart Scan Analysis for SPGTTFT

Based on our trend formula, SPGTTFT is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SPGTTFT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3567.32 3596.31 3555.77 3567.32 +2.13
Prev. Close Volume Bid Ask Time
3565.19 0 2024-04-26 17:51:00
52wk High3295.7152wk High Date2018-06-07
52wk Low2464.9652wk Low Date2018-11-28
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