Future Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
NONFAT DRY MILK Nov 2023 (CME:GNF.X23)
Sidelines Mode (+55) - GNF.X23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GNF.X23?
MarketClub looks at technical strength and momentum to determine if the timing is right for GNF.X23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GNF.X23
The long-term trend has been UP since Nov 1st, 2023 at 122.400
The intermediate-term trend has been UP since Sep 21st, 2023 at 116.900
The short-term trend has been DOWN since Nov 17th, 2023 at 118.725
Smart Scan Analysis for GNF.X23
Based on our trend formula, GNF.X23 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).