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Index Trend Analysis Report

Prepared for you on Friday, March 22, 2019.

WORLD TIMBER TOTAL RETURN INDEX (EUR) (CME:TIMBEX)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_TIMBEX
Open High Low TIMBEX Price Change
1891.59 1891.59 1891.59 1891.59 +0.13
Entry Signal

MarketClub’s Trade Triangles for TIMBEX

long term up The long term trend has been UP since Feb 4th, 2019 at 1950.52

intermediate term down The intermediate term trend has been DOWN since Feb 28th, 2019 at 1910.58

short term down The short term trend has been DOWN since Mar 20th, 2019 at 1894.15

Smart Scan Analysis for TIMBEX

Based on a pre-defined weighted trend formula for chart analysis, TIMBEX scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for TIMBEX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1891.59 1891.59 1891.59 1891.59 +0.13
Prev. Close Volume Bid Ask Time
1940.85 0 2019-03-21 18:16:03
52wk High2361.6752wk High Date2018-06-07
52wk Low1787.9152wk Low Date2018-11-28
Want to analyze WORLD TIMBER TOTAL RETURN INDEX (EUR) TIMBEX or another symbol? Try our Free Index Trend Analysis Report.