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Index Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
World Timber Total Return Index (USD) (CME:TIMBEXD)
Sidelines Mode (-55) - TIMBEXD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for TIMBEXD
The long-term trend has been UP since Nov 14th, 2023 at 2003.31
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 2085.41
The short-term trend has been UP since Apr 21st, 2024 at 2065.18
Smart Scan Analysis for TIMBEXD
Based on our trend formula, TIMBEXD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2077.67 | 2088.25 | 2067.44 | 2078.68 | +0.24 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2078.44 | 0 | 2024-04-23 16:05:32 |
| 52wk High | 2108.26 | 52wk High Date | 2018-06-07 |
| 52wk Low | 1522.99 | 52wk Low Date | 2018-11-28 |