Free Daily Analysis

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.

CME_TIMBEXP
Open High Low TIMBEXP Price Change
2028.79 2030.30 2028.59 2029.38 +1.14
Entry Signal

MarketClub’s Trade Triangles for TIMBEXP

long term up The long-term trend has been UP since Sep 3rd, 2021 at 1984.90

intermediate term down The intermediate-term trend has been DOWN since Jan 24th, 2022 at 2015.22

short term down 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).

-60
Smart Scan Analysis for TIMBEXP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2028.79 2030.30 2028.59 2029.38 +1.14
Prev. Close Volume Bid Ask Time
2028.24 0 2022-01-28 02:54:17
52wk High1860.4452wk High Date2018-06-07
52wk Low1399.6652wk Low Date2018-11-29
Get a free daily analysis and signals for World Timber Index (EUR) (TIMBEXP) - Request Your Free Report.