Index Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
World Timber Index (EUR) (CME:TIMBEXP)
Crossroads (-60) - TIMBEXP 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 TIMBEXP?
MarketClub looks at technical strength and momentum to determine if the timing is right for TIMBEXP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TIMBEXP
The long-term trend has been UP since Sep 3rd, 2021 at 1984.90
The intermediate-term trend has been DOWN since Jan 24th, 2022 at 2015.22
The short-term trend has been DOWN since Jan 18th, 2022 at 2080.33
Smart Scan Analysis for TIMBEXP
Based on our trend formula, TIMBEXP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1860.44||52wk High Date||2018-06-07|
|52wk Low||1399.66||52wk Low Date||2018-11-29|