Future Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
LUMBER (RANDOM LENGTH) Jul 2021 (CME:LBS.N21)
Weak Downtrend (-65) - LBS.N21 is showing signs of a strengthening downtrend. Monitor LBS.N21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid LBS.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for LBS.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LBS.N21
The long-term trend has been UP since Oct 20th, 2020 at 450.0
The intermediate-term trend has been DOWN since Mar 2nd, 2021 at 717.2
The short-term trend has been DOWN since Feb 26th, 2021 at 765.0
Smart Scan Analysis for LBS.N21
Based on our trend formula, LBS.N21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).