Future Trend Analysis Report
Prepared for you on Monday, January 20, 2020.
SOYBEAN CRUSH Mar 2020 (CBOT:BCX.H20)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 BCX.H20
The long term trend has been UP since Nov 21st, 2019 at 100.25
The intermediate term trend has been DOWN since Dec 31st, 2019 at 97.25
The short term trend has been UP since Jan 17th, 2020 at 101.00
Smart Scan Analysis for BCX.H20
Based on a pre-defined weighted trend formula for chart analysis, BCX.H20 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||109.5||Contract High Date||2018-10-16|
|Contract Low||75.5||Contract Low Date||2018-11-15|