Future Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
LUMBER (RANDOM LENGTH) Sep 2020 (CME:LBS.U20)
Crossroads (+60) - LBS.U20 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.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for LBS.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LBS.U20
The long-term trend has been DOWN since Mar 6th, 2020 at 390.9
The intermediate-term trend has been UP since Apr 9th, 2020 at 330.0
The short-term trend has been UP since May 19th, 2020 at 354.5
Smart Scan Analysis for LBS.U20
Based on our trend formula, LBS.U20 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).