Analyze Symbol

Index Trend Analysis Report

Prepared for you on Tuesday, February 19, 2019.

WORLD TIMBER INDEX (EUR) (CME:TIMBEXP)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_TIMBEXP
Open High Low TIMBEXP Price Change
1510.56 1517.68 1507.85 1510.56 -5.69
Entry Signal

MarketClub’s Trade Triangles for TIMBEXP

long term up The long term trend has been UP since Feb 5th, 2019 at 1528.88

intermediate term up The intermediate term trend has been UP since Jan 8th, 2019 at 1333.93

short term up The short term trend has been UP since Feb 15th, 2019 at 1515.67

Smart Scan Analysis for TIMBEXP

Based on a pre-defined weighted trend formula for chart analysis, TIMBEXP scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for TIMBEXP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1510.56 1517.68 1507.85 1510.56 -5.69
Prev. Close Volume Bid Ask Time
1516.37 0 2019-02-19 13:44:47
52wk High1860.4452wk High Date2018-06-07
52wk Low1399.6652wk Low Date2018-11-29
Want to analyze WORLD TIMBER INDEX (EUR) TIMBEXP or another symbol? Try our Free Index Trend Analysis Report.