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Index Trend Analysis Report

Prepared for you on Wednesday, October 28, 2020.

World Timber Index (USD) (CME:TIMBEXPD)

Weak Downtrend (-65) - TIMBEXPD is showing signs of a strengthening downtrend. Monitor TIMBEXPD as it may be building momentum to the downside.

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
1262.62 1262.62 1233.18 1235.15 -33.87
Entry Signal

MarketClub’s Trade Triangles for TIMBEXPD

long term up The long-term trend has been UP since Jul 17th, 2020 at 1161.48

intermediate term down The intermediate-term trend has been DOWN since Oct 26th, 2020 at 1294.85

short term down The short-term trend has been DOWN since Oct 26th, 2020 at 1319.23

Smart Scan Analysis for TIMBEXPD

Based on our trend formula, TIMBEXPD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for TIMBEXPD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1262.62 1262.62 1233.18 1235.15 -33.87
Prev. Close Volume Bid Ask Time
1304.81 0 2020-10-28 16:35:02
52wk High1660.7252wk High Date2018-06-07
52wk Low1192.4352wk Low Date2018-11-28
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