Future Trend Analysis Report
Prepared for you on Saturday, March 17, 2018.
SOYBEANS Nov 2020 (E) (CBOT:ZS.X20.E)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 ZS.X20.E
The long term trend has been DOWN since Jan 11th, 2018 at 969.00
The intermediate term trend has been UP since Mar 14th, 2018 at 989.75
The short term trend has been DOWN since Mar 15th, 2018 at 984.25
Smart Scan Analysis for ZS.X20.E
Based on a pre-defined weighted trend formula for chart analysis, ZS.X20.E scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1005||Contract High Date||2017-12-04|
|Contract Low||930||Contract Low Date||2017-06-30|
|Estimated Volume||1||First Delivery||2020-11-17|