Future Trend Analysis Report
Prepared for you on Wednesday, June 19, 2019.
NONFAT DRY MILK Oct 2019 (CME:GNF.V19)
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 GNF.V19
The long term trend has been UP since Aug 31st, 2018 at 102.025
The intermediate term trend has been DOWN since May 15th, 2019 at 109.250
The short term trend has been DOWN since Jun 13th, 2019 at 109.000
Smart Scan Analysis for GNF.V19
Based on a pre-defined weighted trend formula for chart analysis, GNF.V19 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).