Future Trend Analysis Report
Prepared for you on Saturday, September 26, 2020.
SOYBEANS TAS Nov 2020 (CBOT:SBT.X20)
Long-Term Downtrend (-90) - SBT.X20 is in a strong downtrend that is likely to continue. While SBT.X20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SBT.X20?
MarketClub looks at technical strength and momentum to determine if the timing is right for SBT.X20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SBT.X20
The long-term trend has been DOWN since Nov 13th, 2019 at 0.25
The intermediate-term trend has been DOWN since Nov 13th, 2019 at 0.25
The short-term trend has been DOWN since Apr 29th, 2020 at 0.25
Smart Scan Analysis for SBT.X20
Based on our trend formula, SBT.X20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).