Future Trend Analysis Report
Prepared for you on Friday, February 28, 2020.
LUMBER (RANDOM LENGTH) Nov 2020 (CME:LBS.X20)
Weak Uptrend (+65) - LBS.X20 is showing signs of weakening momentum to the upside. Monitor LBS.X20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid LBS.X20?
MarketClub looks at technical strength and momentum to determine if the timing is right for LBS.X20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LBS.X20
The long-term trend has been UP since Jan 17th, 2020 at 402.4
The intermediate-term trend has been UP since Jan 17th, 2020 at 395.0
The short-term trend has been DOWN since Feb 25th, 2020 at 425.1
Smart Scan Analysis for LBS.X20
Based on our trend formula, LBS.X20 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).