Index Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
World Timber Total Return Index (EUR) (CME:TIMBEX)
Strong Uptrend (+100) - TIMBEX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, TIMBEX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid TIMBEX?
MarketClub looks at technical strength and momentum to determine if the timing is right for TIMBEX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TIMBEX
The long-term trend has been UP since Jul 21st, 2020 at 1804.18
The intermediate-term trend has been UP since Nov 11th, 2021 at 2568.85
The short-term trend has been UP since Dec 1st, 2021 at 2678.84
Smart Scan Analysis for TIMBEX
Based on our trend formula, TIMBEX is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2361.67||52wk High Date||2018-06-07|
|52wk Low||1787.91||52wk Low Date||2018-11-28|