Future Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
SOYBEAN (MINI) May 2021 (CBOT:XK.K21)
Countertrend Up (+85) - XK.K21 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.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for XK.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XK.K21
The long-term trend has been UP since Jun 7th, 2020 at 874.000
The intermediate-term trend has been UP since Feb 23rd, 2021 at 1403.625
The short-term trend has been DOWN since Feb 26th, 2021 at 1394.625
Smart Scan Analysis for XK.K21
Based on our trend formula, XK.K21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).