Future Trend Analysis Report
Prepared for you on Thursday, July 9, 2020.
SOYBEAN CRUSH Jul 2021 (CBOT:BCX.N21)
Long-Term Downtrend (-90) - BCX.N21 is in a strong downtrend that is likely to continue. While BCX.N21 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.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for BCX.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BCX.N21
The long-term trend has been DOWN since Mar 13th, 2020 at 102.0
The intermediate-term trend has been DOWN since Jun 4th, 2020 at 99.0
The short-term trend has been DOWN since Jul 9th, 2020 at 93.5
Smart Scan Analysis for BCX.N21
Based on our trend formula, BCX.N21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).