Future Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
LUMBER (RANDOM LENGTH) Jan 2023 (CME:LBS.F23)
Crossroads (-60) - LBS.F23 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 LBS.F23?
MarketClub looks at technical strength and momentum to determine if the timing is right for LBS.F23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LBS.F23
The long-term trend has been DOWN since May 12th, 2022 at 775.0
The intermediate-term trend has been UP since Jul 1st, 2022 at 643.0
The short-term trend has been UP since Jul 1st, 2022 at 625.9
Smart Scan Analysis for LBS.F23
Based on our trend formula, LBS.F23 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).