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Index Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
S&P Global Timber and Forestry Index (EURO) (CME:SPGTTFE)
Bear Market Rally (-75) - SPGTTFE is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPGTTFE as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SPGTTFE?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGTTFE.
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 SPGTTFE
The long-term trend has been DOWN since Jun 13th, 2022 at 2290.96
The intermediate-term trend has been DOWN since Jun 10th, 2022 at 2381.09
The short-term trend has been UP since Jul 4th, 2022 at 2188.32
Smart Scan Analysis for SPGTTFE
Based on our trend formula, SPGTTFE is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2163.63 | 2191.67 | 2160.31 | 2191.26 | +27.92 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2163.34 | 0 | 2022-07-06 06:58:25 |
| 52wk High | 2183.03 | 52wk High Date | 2018-06-07 |
| 52wk Low | 1697.17 | 52wk Low Date | 2018-11-28 |