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Index Trend Analysis Report

Prepared for you on Tuesday, September 25, 2018.

WORLD TIMBER INDEX (EUR) (CME:TIMBEXP)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

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
1740.14 1744.27 1729.03 1730.42 -5.51
Entry Signal

MarketClub’s Trade Triangles for TIMBEXP

long term up The long term trend has been UP since Sep 22nd, 2017 at 1450.41

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 Sep 24th, 2018 at 1741.46

Smart Scan Analysis for TIMBEXP

Based on a pre-defined weighted trend formula for chart analysis, TIMBEXP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for TIMBEXP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1740.14 1744.27 1729.03 1730.42 -5.51
Prev. Close Volume Bid Ask Time
1735.93 0 2018-09-25 16:19:02
52wk High1860.4452wk High Date2018-06-07
52wk Low1453.552wk Low Date2017-09-29
Want to analyze WORLD TIMBER INDEX (EUR) TIMBEXP or another symbol? Try our Free Index Trend Analysis Report.