Future Trend Analysis Report
Prepared for you on Thursday, February 21, 2019.
SOYBEAN MEAL Mar 2020 (CBOT:ZM.H20)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.
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 ZM.H20
The long term trend has been DOWN since Feb 19th, 2019 at 320.0
The intermediate term trend has been DOWN since Feb 5th, 2019 at 324.0
The short term trend has been UP since Feb 21st, 2019 at 323.4
Smart Scan Analysis for ZM.H20
Based on a pre-defined weighted trend formula for chart analysis, ZM.H20 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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