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Index Trend Analysis Report

Prepared for you on Sunday, November 24, 2024.

World Timber Index (EUR) (CME:TIMBEXP)

Bull Market Weakness (+75) - TIMBEXP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TIMBEXP as it may be in the beginning stages of a reversal.

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
1708.16 1731.83 1705.93 1730.76 +22.74
Entry Signal

MarketClub’s Trade Triangles for TIMBEXP

long term up The long-term trend has been UP since Oct 1st, 2024 at 1809.94

intermediate term down The intermediate-term trend has been DOWN since Oct 17th, 2024 at 1753.40

short term up The short-term trend has been UP since Nov 22nd, 2024 at 1717.18

Smart Scan Analysis for TIMBEXP

Based on our trend formula, TIMBEXP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for TIMBEXP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1708.16 1731.83 1705.93 1730.76 +22.74
Prev. Close Volume Bid Ask Time
1730.98 0 2024-11-22 16:32:32
52wk High1860.4452wk High Date2018-06-07
52wk Low1399.6652wk Low Date2018-11-29
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