Future Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
LUMBER (RANDOM LENGTH) May 2021 (CME:LBS.K21)
Long-Term Uptrend (+90) - LBS.K21 is in a strong uptrend that is likely to continue. While LBS.K21 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.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for LBS.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LBS.K21
The long-term trend has been UP since Jul 9th, 2020 at 400.0
The intermediate-term trend has been UP since Jan 22nd, 2021 at 717.9
The short-term trend has been UP since Mar 18th, 2021 at 875.0
Smart Scan Analysis for LBS.K21
Based on our trend formula, LBS.K21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).