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Index Trend Analysis Report

Prepared for you on Sunday, February 23, 2020.

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.

CME_TIMBEX
Open High Low TIMBEX Price Change
2076.01 2076.01 2053.13 2075.02 +0.93
Entry Signal

MarketClub’s Trade Triangles for TIMBEX

long term up The long-term trend has been UP since Sep 13th, 2019 at 1825.83

intermediate term up The intermediate-term trend has been UP since Feb 12th, 2020 at 2041.20

short term up The short-term trend has been UP since Feb 20th, 2020 at 2073.82

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).

+100
Smart Scan Analysis for TIMBEX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2076.01 2076.01 2053.13 2075.02 +0.93
Prev. Close Volume Bid Ask Time
2032.45 0 2020-02-21 16:35:02
52wk High2361.6752wk High Date2018-06-07
52wk Low1787.9152wk Low Date2018-11-28
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