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Index Trend Analysis Report

Prepared for you on Wednesday, June 23, 2021.

World Timber Total Return Index (USD) (CME:TIMBEXD)

Crossroads (-60) - TIMBEXD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid TIMBEXD?

MarketClub looks at technical strength and momentum to determine if the timing is right for TIMBEXD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_TIMBEXD
Open High Low TIMBEXD Price Change
2261.56 2264.12 2252.85 2256.81 +7.99
Entry Signal

MarketClub’s Trade Triangles for TIMBEXD

long term up The long-term trend has been UP since Jul 17th, 2020 at 1540.13

intermediate term down The intermediate-term trend has been DOWN since May 17th, 2021 at 2399.07

short term down The short-term trend has been DOWN since Jun 15th, 2021 at 2282.86

Smart Scan Analysis for TIMBEXD

Based on our trend formula, TIMBEXD is rated as a -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
2261.56 2264.12 2252.85 2256.81 +7.99
Prev. Close Volume Bid Ask Time
2248.82 0 2021-06-23 07:27:32
52wk High2108.2652wk High Date2018-06-07
52wk Low1522.9952wk Low Date2018-11-28
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