Future Trend Analysis Report
Prepared for you on Monday, March 18, 2019.
SOYBEAN (MINI) May 2019 (CBOT:XK.K19)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
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 XK.K19
The long term trend has been DOWN since Mar 8th, 2019 at 898.875
The intermediate term trend has been DOWN since Feb 11th, 2019 at 920.125
The short term trend has been UP since Mar 13th, 2019 at 898.375
Smart Scan Analysis for XK.K19
Based on a pre-defined weighted trend formula for chart analysis, XK.K19 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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