Future Trend Analysis Report
Prepared for you on Friday, February 21, 2020.
LUMBER (RANDOM LENGTH) Mar 2020 (CME:LBS.H20)
Long-Term Uptrend (+90) - LBS.H20 is in a strong uptrend that is likely to continue. While LBS.H20 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid LBS.H20?
MarketClub looks at technical strength and momentum to determine if the timing is right for LBS.H20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LBS.H20
The long-term trend has been UP since Aug 2nd, 2019 at 341.0
The intermediate-term trend has been UP since Feb 10th, 2020 at 443.9
The short-term trend has been UP since Feb 19th, 2020 at 459.9
Smart Scan Analysis for LBS.H20
Based on our trend formula, LBS.H20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).