Future Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
SOYBEAN (MINI) Jul 2021 (CBOT:XK.N21)
Long-Term Uptrend (+90) - XK.N21 is in a strong uptrend that is likely to continue. While XK.N21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid XK.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for XK.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XK.N21
The long-term trend has been UP since Jul 1st, 2020 at 884.375
The intermediate-term trend has been UP since Feb 17th, 2021 at 1378.875
The short-term trend has been UP since Mar 4th, 2021 at 1397.750
Smart Scan Analysis for XK.N21
Based on our trend formula, XK.N21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).