Future Trend Analysis Report
Prepared for you on Saturday, January 25, 2020.
SOYBEANS Nov 2020 (CBOT:ZS.X20)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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.X20
The long term trend has been UP since Oct 10th, 2019 at 969.25
The intermediate term trend has been DOWN since Jan 15th, 2020 at 965.00
The short term trend has been DOWN since Jan 10th, 2020 at 968.00
Smart Scan Analysis for ZS.X20
Based on a pre-defined weighted trend formula for chart analysis, ZS.X20 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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