Analyze Symbol

Index Trend Analysis Report

Prepared for you on Sunday, November 18, 2018.

WORLD TIMBER INDEX (EUR) (CME:TIMBEXP)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_TIMBEXP
Open High Low TIMBEXP Price Change
1462.32 1474.59 1457.20 1468.75 +3.20
Entry Signal

MarketClub’s Trade Triangles for TIMBEXP

long term down The long term trend has been DOWN since Oct 9th, 2018 at 1637.74

intermediate term down The intermediate term trend has been DOWN since Sep 24th, 2018 at 1739.28

short term down The short term trend has been DOWN since Nov 7th, 2018 at 1497.11

Smart Scan Analysis for TIMBEXP

Based on a pre-defined weighted trend formula for chart analysis, TIMBEXP scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for TIMBEXP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1462.32 1474.59 1457.20 1468.75 +3.20
Prev. Close Volume Bid Ask Time
1470.73 0 2018-11-16 16:19:17
52wk High1860.4452wk High Date2018-06-07
52wk Low1445.7852wk Low Date2018-11-14
Want to analyze WORLD TIMBER INDEX (EUR) TIMBEXP or another symbol? Try our Free Index Trend Analysis Report.