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.
MarketClub’s Trade Triangles for TIMBEXPD
The long-term trend has been UP since Jul 17th, 2020 at 1161.48
The intermediate-term trend has been DOWN since Oct 26th, 2020 at 1294.85
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).
|52wk High||1660.72||52wk High Date||2018-06-07|
|52wk Low||1192.43||52wk Low Date||2018-11-28|