Future Trend Analysis Report
Prepared for you on Tuesday, November 28, 2023.
SOYBEAN (MINI) Jan 2024 (CBOT:XK.F24)
Strong Downtrend (-100) - XK.F24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, XK.F24 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid XK.F24?
MarketClub looks at technical strength and momentum to determine if the timing is right for XK.F24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XK.F24
The long-term trend has been DOWN since Oct 1st, 2023 at 1293.00
The intermediate-term trend has been DOWN since Nov 26th, 2023 at 1327.25
The short-term trend has been DOWN since Nov 24th, 2023 at 1354.50
Smart Scan Analysis for XK.F24
Based on our trend formula, XK.F24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).