Future Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
SOYBEAN CRUSH May 2021 (CBOT:BCX.K21)
Long-Term Downtrend (-90) - BCX.K21 is in a strong downtrend that is likely to continue. While BCX.K21 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 BCX.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for BCX.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BCX.K21
The long-term trend has been DOWN since Apr 22nd, 2020 at 99.25
The intermediate-term trend has been DOWN since Mar 30th, 2021 at 57.00
The short-term trend has been DOWN since Apr 9th, 2021 at 62.75
Smart Scan Analysis for BCX.K21
Based on our trend formula, BCX.K21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).