Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
World Timber Total Return Index (EUR) (CME:TIMBEX)
Sidelines Mode (+55) - TIMBEX 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 TIMBEX?
MarketClub looks at technical strength and momentum to determine if the timing is right for TIMBEX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for TIMBEX
The long-term trend has been UP since Dec 8th, 2023 at 2487.08
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 2597.59
The short-term trend has been UP since Apr 10th, 2024 at 2652.78
Smart Scan Analysis for TIMBEX
Based on our trend formula, TIMBEX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2522.83 | 2566.80 | 2514.01 | 2565.20 | +43.65 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2521.55 | 0 | 2024-04-19 16:34:32 |
| 52wk High | 2361.67 | 52wk High Date | 2018-06-07 |
| 52wk Low | 1787.91 | 52wk Low Date | 2018-11-28 |