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Index Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
S&P Global Timber and Forestry Index (CME:SPGTTF)
Sidelines Mode (+55) - SPGTTF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPGTTF?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGTTF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPGTTF
The long-term trend has been DOWN since Dec 18th, 2024 at 1945.91
The intermediate-term trend has been UP since Jan 17th, 2025 at 1924.15
The short-term trend has been DOWN since Feb 2nd, 2025 at 1988.60
Smart Scan Analysis for SPGTTF
Based on our trend formula, SPGTTF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1975.83 | 1982.32 | 1969.06 | 1970.15 | -7.97 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1978.12 | 0 | 2025-02-04 22:48:00 |
| 52wk High | 2161.73 | 52wk High Date | 2018-06-07 |
| 52wk Low | 1604.93 | 52wk Low Date | 2018-11-28 |