Future Trend Analysis Report
Prepared for you on Monday, April 19, 2021.
LUMBER (RANDOM LENGTH) Jul 2021 (CME:LBS.N21)
Strong Uptrend (+100) - LBS.N21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, LBS.N21 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.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for LBS.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LBS.N21
The long-term trend has been UP since Oct 20th, 2020 at 450.0
The intermediate-term trend has been UP since Mar 9th, 2021 at 809.9
The short-term trend has been UP since Mar 19th, 2021 at 785.0
Smart Scan Analysis for LBS.N21
Based on our trend formula, LBS.N21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).