Future Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
SOYBEAN (MINI) Jul 2021 (CBOT:XK.N21)
Bull Market Weakness (+75) - XK.N21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XK.N21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid XK.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for XK.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XK.N21
The long-term trend has been UP since Jul 1st, 2020 at 884.375
The intermediate-term trend has been UP since Aug 13th, 2020 at 908.000
The short-term trend has been DOWN since Sep 21st, 2020 at 1023.000
Smart Scan Analysis for XK.N21
Based on our trend formula, XK.N21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).