Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, March 12, 2025.
S&P Global Timber and Forestry Index (EURO) (TR) (CME:SPGTTFTE)
Long-Term Downtrend (-90) - SPGTTFTE is in a strong downtrend that is likely to continue. While SPGTTFTE is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SPGTTFTE
The long-term trend has been DOWN since Mar 10th, 2025 at 3948.81
The intermediate-term trend has been DOWN since Feb 12th, 2025 at 4130.83
The short-term trend has been DOWN since Feb 20th, 2025 at 4182.55
Smart Scan Analysis for SPGTTFTE
Based on our trend formula, SPGTTFTE is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3891.26 | 3903.63 | 3868.67 | 3891.32 | -1.57 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3892.89 | 0 | 2025-03-12 15:41:00 |
| 52wk High | 3328.34 | 52wk High Date | 2018-06-07 |
| 52wk Low | 2606.4 | 52wk Low Date | 2018-11-28 |