Future Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
SOYBEAN (MINI) May 2022 (CBOT:XK.K22)
Sidelines Mode (-55) - XK.K22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid XK.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for XK.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XK.K22
The long-term trend has been DOWN since Sep 30th, 2021 at 1275.000
The intermediate-term trend has been UP since Nov 16th, 2021 at 1277.875
The short-term trend has been DOWN since Nov 26th, 2021 at 1287.250
Smart Scan Analysis for XK.K22
Based on our trend formula, XK.K22 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).