Future Trend Analysis Report
Prepared for you on Sunday, October 25, 2020.
SOYBEAN (MINI) Nov 2021 (CBOT:XK.X21)
Countertrend Up (+85) - XK.X21 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.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for XK.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XK.X21
The long-term trend has been UP since Jul 2nd, 2020 at 887.000
The intermediate-term trend has been UP since Oct 23rd, 2020 at 981.875
The short-term trend has been DOWN since Oct 23rd, 2020 at 978.375
Smart Scan Analysis for XK.X21
Based on our trend formula, XK.X21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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