Future Trend Analysis Report
Prepared for you on Wednesday, September 28, 2022.
NATIONAL SOYBEAN INDEX SEPTEMBER 2022 (MGEX:@IS.U22)
Strong Downtrend (-100) - @IS.U22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @IS.U22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @IS.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @IS.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @IS.U22
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.U22
Based on our trend formula, @IS.U22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).