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Index Trend Analysis Report
Prepared for you on Saturday, December 7, 2024.
S&P Global Timber and Forestry Index (EURO) (TR) (CME:SPGTTFTE)
Countertrend Up (+85) - SPGTTFTE is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SPGTTFTE?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGTTFTE.
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 SPGTTFTE
The long-term trend has been UP since Sep 18th, 2024 at 4138.31
The intermediate-term trend has been UP since Nov 6th, 2024 at 4179.64
The short-term trend has been DOWN since Dec 5th, 2024 at 4205.76
Smart Scan Analysis for SPGTTFTE
Based on our trend formula, SPGTTFTE is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4196.36 | 4219.01 | 4181.73 | 4197.87 | +1.17 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4197.87 | 0 | 2024-12-06 16:59:00 |
| 52wk High | 3328.34 | 52wk High Date | 2018-06-07 |
| 52wk Low | 2606.4 | 52wk Low Date | 2018-11-28 |