Future Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
SOYBEAN (MINI) Aug 2021 (CBOT:XK.Q21)
Long-Term Uptrend (+90) - XK.Q21 is in a strong uptrend that is likely to continue. While XK.Q21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid XK.Q21?
MarketClub looks at technical strength and momentum to determine if the timing is right for XK.Q21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XK.Q21
The long-term trend has been UP since Aug 31st, 2020 at 929.5
The intermediate-term trend has been UP since Apr 1st, 2021 at 1394.0
The short-term trend has been UP since Mar 31st, 2021 at 1346.0
Smart Scan Analysis for XK.Q21
Based on our trend formula, XK.Q21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).