Future Trend Analysis Report
Prepared for you on Sunday, September 20, 2020.
SOYBEAN (MINI) Sep 2020 (CBOT:XK.U20)
Bull Market Weakness (+75) - XK.U20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XK.U20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid XK.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for XK.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XK.U20
The long-term trend has been UP since Jul 1st, 2020 at 881.25
The intermediate-term trend has been UP since Aug 16th, 2020 at 900.00
The short-term trend has been DOWN since Sep 10th, 2020 at 965.00
Smart Scan Analysis for XK.U20
Based on our trend formula, XK.U20 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).