Future Trend Analysis Report
Prepared for you on Wednesday, November 25, 2020.
SOYBEAN (MINI) Sep 2021 (CBOT:XK.U21)
Countertrend Up (+85) - XK.U21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid XK.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for XK.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XK.U21
The long-term trend has been UP since Jun 12th, 2020 at 863.50
The intermediate-term trend has been UP since Nov 5th, 2020 at 1015.25
The short-term trend has been UP since Nov 5th, 2020 at 1007.00
Smart Scan Analysis for XK.U21
Based on our trend formula, XK.U21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).