Future Trend Analysis Report
Prepared for you on Friday, February 28, 2020.
LUMBER (RANDOM LENGTH) May 2020 (CME:LBS.K20)
Weak Downtrend (-65) - LBS.K20 is showing signs of a strengthening downtrend. Monitor LBS.K20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid LBS.K20?
MarketClub looks at technical strength and momentum to determine if the timing is right for LBS.K20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LBS.K20
The long-term trend has been UP since Sep 13th, 2019 at 350.0
The intermediate-term trend has been DOWN since Feb 28th, 2020 at 413.4
The short-term trend has been DOWN since Feb 25th, 2020 at 457.7
Smart Scan Analysis for LBS.K20
Based on our trend formula, LBS.K20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).