Future Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
LEAN HOGS Dec 2021 (CME:HE.Z21)
Long-Term Downtrend (-90) - HE.Z21 is in a strong downtrend that is likely to continue. While HE.Z21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid HE.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for HE.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HE.Z21
The long-term trend has been DOWN since Sep 13th, 2021 at 74.125
The intermediate-term trend has been DOWN since Oct 20th, 2021 at 77.250
The short-term trend has been DOWN since Oct 20th, 2021 at 77.275
Smart Scan Analysis for HE.Z21
Based on our trend formula, HE.Z21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).