Future Trend Analysis Report
Prepared for you on Tuesday, July 14, 2020.
SOYBEAN CRUSH Sep 2020 (CBOT:BCX.U20)
Long-Term Downtrend (-90) - BCX.U20 is in a strong downtrend that is likely to continue. While BCX.U20 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.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for BCX.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BCX.U20
The long-term trend has been DOWN since Apr 9th, 2020 at 93.50
The intermediate-term trend has been DOWN since Jun 12th, 2020 at 83.25
The short-term trend has been DOWN since Jul 10th, 2020 at 74.50
Smart Scan Analysis for BCX.U20
Based on our trend formula, BCX.U20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).