Future Trend Analysis Report
Prepared for you on Wednesday, August 4, 2021.
NATIONAL SOYBEAN INDEX JULY 2021 (MGEX:@IS.N21)
Weak Downtrend (-65) - @IS.N21 is showing signs of a strengthening downtrend. Monitor @IS.N21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid @IS.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @IS.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @IS.N21
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for @IS.N21
Based on our trend formula, @IS.N21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).