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Index Trend Analysis Report

Prepared for you on Saturday, September 7, 2024.

World Timber Index (EUR) (CME:TIMBEXP)

Weak Downtrend (-65) - TIMBEXP is showing signs of a strengthening downtrend. Monitor TIMBEXP as it may be building momentum to the downside.

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.

CME_TIMBEXP
Open High Low TIMBEXP Price Change
1714.94 1720.94 1697.52 1701.02 -14.48
Entry Signal

MarketClub’s Trade Triangles for TIMBEXP

long term down The long-term trend has been DOWN since Jun 17th, 2024 at 1735.36

intermediate term up The intermediate-term trend has been UP since Aug 25th, 2024 at 1742.72

short term down The short-term trend has been DOWN since Sep 3rd, 2024 at 1741.17

Smart Scan Analysis for TIMBEXP

Based on our trend formula, TIMBEXP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for TIMBEXP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1714.94 1720.94 1697.52 1701.02 -14.48
Prev. Close Volume Bid Ask Time
1700.01 0 2024-09-06 16:32:47
52wk High1860.4452wk High Date2018-06-07
52wk Low1399.6652wk Low Date2018-11-29
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