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Index Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
S&P Global Timber and Forestry Index (EURO) (TR) (CME:SPGTTFTE)
Weak Downtrend (-65) - SPGTTFTE is showing signs of a strengthening downtrend. Monitor SPGTTFTE as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPGTTFTE?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGTTFTE.
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 SPGTTFTE
The long-term trend has been UP since Jul 25th, 2023 at 3629.58
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 4095.18
The short-term trend has been DOWN since Apr 24th, 2024 at 3995.54
Smart Scan Analysis for SPGTTFTE
Based on our trend formula, SPGTTFTE is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4009.35 | 4020.82 | 3994.27 | 3994.53 | -14.55 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4009.08 | 0 | 2024-04-24 11:02:00 |
| 52wk High | 3328.34 | 52wk High Date | 2018-06-07 |
| 52wk Low | 2606.4 | 52wk Low Date | 2018-11-28 |