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Index Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
World Timber Total Return Index (USD) (CME:TIMBEXD)
Weak Uptrend (+65) - TIMBEXD is showing signs of weakening momentum to the upside. Monitor TIMBEXD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TIMBEXD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TIMBEXD.
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 TIMBEXD
The long-term trend has been UP since Nov 14th, 2023 at 2003.31
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 2085.41
The short-term trend has been UP since May 2nd, 2024 at 2096.27
Smart Scan Analysis for TIMBEXD
Based on our trend formula, TIMBEXD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2097.03 | 2132.18 | 2097.03 | 2104.07 | +7.04 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2104.45 | 0 | 2024-05-03 16:34:02 |
| 52wk High | 2108.26 | 52wk High Date | 2018-06-07 |
| 52wk Low | 1522.99 | 52wk Low Date | 2018-11-28 |