Future Trend Analysis Report
Prepared for you on Wednesday, August 12, 2020.
SOYBEAN (MINI) Sep 2020 (CBOT:XK.U20)
Crossroads (-60) - XK.U20 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid XK.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for XK.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XK.U20
The long-term trend has been UP since Jul 1st, 2020 at 881.25
The intermediate-term trend has been DOWN since Aug 7th, 2020 at 869.75
The short-term trend has been DOWN since Aug 4th, 2020 at 888.50
Smart Scan Analysis for XK.U20
Based on our trend formula, XK.U20 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).