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Index Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

World Timber Index (USD) (CME:TIMBEXPD)

Long-Term Uptrend (+90) - TIMBEXPD is in a strong uptrend that is likely to continue. While TIMBEXPD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid TIMBEXPD?

MarketClub looks at technical strength and momentum to determine if the timing is right for TIMBEXPD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_TIMBEXPD
Open High Low TIMBEXPD Price Change
1515.88 1516.36 1507.83 1510.14 -6.58
Entry Signal

MarketClub’s Trade Triangles for TIMBEXPD

long term up The long-term trend has been UP since Nov 14th, 2023 at 1408.79

intermediate term up The intermediate-term trend has been UP since Feb 27th, 2024 at 1409.38

short term up The short-term trend has been UP since Mar 20th, 2024 at 1458.92

Smart Scan Analysis for TIMBEXPD

Based on our trend formula, TIMBEXPD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for TIMBEXPD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1515.88 1516.36 1507.83 1510.14 -6.58
Prev. Close Volume Bid Ask Time
1516.72 0 2024-03-28 04:42:17
52wk High1660.7252wk High Date2018-06-07
52wk Low1192.4352wk Low Date2018-11-28
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