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Stock Trend Analysis Report

Prepared for you on Sunday, December 3, 2023.

West Fraser Timber Co. Ltd (TSE:WFG)

Long-Term Downtrend (-90) - WFG is in a strong downtrend that is likely to continue. While WFG is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

TSE_WFG
Open High Low WFG Price Change
99.19 101.91 99.04 101.86 +3.44
Entry Signal

MarketClub’s Trade Triangles for WFG

long term down The long-term trend has been DOWN since Oct 4th, 2023 at 94.76

intermediate term down The intermediate-term trend has been DOWN since Nov 30th, 2023 at 99.39

short term down The short-term trend has been DOWN since Nov 21st, 2023 at 104.66

Smart Scan Analysis for WFG

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

-90
Smart Scan Analysis for WFG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
99.19 101.91 99.04 101.86 +3.44
Prev. Close Volume Bid Ask Time
101.86 159337 2023-12-01 16:00:00
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