Future Trend Analysis Report
Prepared for you on Sunday, July 21, 2019.
LUMBER (RANDOM LENGTH) Jul 2019 (CME:LBS.N19)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for LBS.N19
The long term trend has been UP since Jun 19th, 2019 at 411.9
The intermediate term trend has been DOWN since Jul 8th, 2019 at 375.0
The short term trend has been UP since Jul 12th, 2019 at 376.6
Smart Scan Analysis for LBS.N19
Based on a pre-defined weighted trend formula for chart analysis, LBS.N19 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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