Future Trend Analysis Report
Prepared for you on Wednesday, January 16, 2019.
SOYBEAN MEAL Aug 2019 (CBOT:ZM.Q19)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
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 ZM.Q19
The long term trend has been UP since Dec 2nd, 2018 at 325.5
The intermediate term trend has been UP since Jan 4th, 2019 at 326.0
The short term trend has been DOWN since Jan 10th, 2019 at 329.3
Smart Scan Analysis for ZM.Q19
Based on a pre-defined weighted trend formula for chart analysis, ZM.Q19 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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