Future Trend Analysis Report
Prepared for you on Tuesday, January 28, 2020.
SOYBEANS May 2021 (CBOT:ZS.K21)
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 ZS.K21
The long term trend has been DOWN since Nov 26th, 2019 at 940.50
The intermediate term trend has been DOWN since Jan 15th, 2020 at 957.50
The short term trend has been UP since Jan 9th, 2020 at 973.25
Smart Scan Analysis for ZS.K21
Based on a pre-defined weighted trend formula for chart analysis, ZS.K21 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).