Future Trend Analysis Report
Prepared for you on Tuesday, July 23, 2019.
SOYBEAN (MINI) Aug 2020 (CBOT:XK.Q20)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 XK.Q20
The long term trend has been UP since Oct 15th, 2018 at 971.25
The intermediate term trend has been UP since Nov 28th, 2018 at 973.75
The short term trend has been DOWN since Jul 22nd, 2019 at 969.50
Smart Scan Analysis for XK.Q20
Based on a pre-defined weighted trend formula for chart analysis, XK.Q20 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).