Future Trend Analysis Report
Prepared for you on Sunday, July 12, 2020.
SOYBEAN (MINI) Aug 2020 (CBOT:XK.Q20)
Bull Market Weakness (+75) - XK.Q20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XK.Q20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid XK.Q20?
MarketClub looks at technical strength and momentum to determine if the timing is right for XK.Q20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XK.Q20
The long-term trend has been UP since Jul 1st, 2020 at 881.75
The intermediate-term trend has been UP since Jun 30th, 2020 at 879.25
The short-term trend has been DOWN since Jul 10th, 2020 at 891.75
Smart Scan Analysis for XK.Q20
Based on our trend formula, XK.Q20 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).