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Index Trend Analysis Report

Prepared for you on Tuesday, March 26, 2019.

WORLD TIMBER TOTAL RETURN INDEX (USD) (CME:TIMBEXD)

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_TIMBEXD
Open High Low TIMBEXD Price Change
1569.11 1576.02 1560.74 1567.55 -1.71
Entry Signal

MarketClub’s Trade Triangles for TIMBEXD

long term up The long term trend has been UP since Feb 4th, 2019 at 1682.71

intermediate term down The intermediate term trend has been DOWN since Mar 7th, 2019 at 1630.18

short term down The short term trend has been DOWN since Mar 20th, 2019 at 1621.11

Smart Scan Analysis for TIMBEXD

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

-60
Smart Scan Analysis for TIMBEXD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1569.11 1576.02 1560.74 1567.55 -1.71
Prev. Close Volume Bid Ask Time
1655.04 0 2019-03-26 16:20:02
52wk High2108.2652wk High Date2018-06-07
52wk Low1522.9952wk Low Date2018-11-28
Want to analyze WORLD TIMBER TOTAL RETURN INDEX (USD) TIMBEXD or another symbol? Try our Free Index Trend Analysis Report.