Index Trend Analysis Report
Prepared for you on Sunday, August 9, 2020.
World Timber Index (EUR) (CME:TIMBEXP)
Strong Uptrend (+100) - TIMBEXP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, TIMBEXP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Jul 21st, 2020 at 1360.77
The intermediate-term trend has been UP since Jul 14th, 2020 at 1308.03
The short-term trend has been UP since Aug 5th, 2020 at 1359.97
Smart Scan Analysis for TIMBEXP
Based on our trend formula, TIMBEXP is rated as a +100 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|