Future Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
SOYBEAN (MINI) Nov 2023 (CBOT:XK.X23)
Weak Downtrend (-65) - XK.X23 is showing signs of a strengthening downtrend. Monitor XK.X23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid XK.X23?
MarketClub looks at technical strength and momentum to determine if the timing is right for XK.X23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XK.X23
The long-term trend has been UP since Mar 10th, 2021 at 1050
The intermediate-term trend has been DOWN since Oct 13th, 2021 at 1175
The short-term trend has been DOWN since Oct 13th, 2021 at 1190
Smart Scan Analysis for XK.X23
Based on our trend formula, XK.X23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).