Future Trend Analysis Report
Prepared for you on Thursday, January 20, 2022.
SOYBEAN (MINI) Nov 2022 (CBOT:XK.X22)
Strong Uptrend (+100) - XK.X22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, XK.X22 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid XK.X22?
MarketClub looks at technical strength and momentum to determine if the timing is right for XK.X22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XK.X22
The long-term trend has been UP since Dec 23rd, 2021 at 1267.875
The intermediate-term trend has been UP since Nov 15th, 2021 at 1248.000
The short-term trend has been UP since Jan 19th, 2022 at 1302.000
Smart Scan Analysis for XK.X22
Based on our trend formula, XK.X22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).