Future Trend Analysis Report
Prepared for you on Sunday, July 5, 2020.
LUMBER (RANDOM LENGTH) Jul 2020 (CME:LBS.N20)
Strong Uptrend (+100) - LBS.N20 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, LBS.N20 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid LBS.N20?
MarketClub looks at technical strength and momentum to determine if the timing is right for LBS.N20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LBS.N20
The long-term trend has been UP since Jun 22nd, 2020 at 428.0
The intermediate-term trend has been UP since Apr 13th, 2020 at 338.5
The short-term trend has been UP since Jul 2nd, 2020 at 439.3
Smart Scan Analysis for LBS.N20
Based on our trend formula, LBS.N20 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).