Future Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
SOYBEAN (MINI) Jan 2021 (CBOT:XK.F21)
Countertrend Up (+85) - XK.F21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid XK.F21?
MarketClub looks at technical strength and momentum to determine if the timing is right for XK.F21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XK.F21
The long-term trend has been UP since Jul 1st, 2020 at 889.000
The intermediate-term trend has been UP since Aug 16th, 2020 at 907.875
The short-term trend has been DOWN since Nov 25th, 2020 at 1183.750
Smart Scan Analysis for XK.F21
Based on our trend formula, XK.F21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).