Future Trend Analysis Report
Prepared for you on Sunday, March 24, 2019.
SOYBEAN MEAL Mar 2020 (CBOT:ZM.H20)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for ZM.H20
The long term trend has been DOWN since Feb 19th, 2019 at 320.0
The intermediate term trend has been UP since Mar 20th, 2019 at 323.0
The short term trend has been UP since Mar 13th, 2019 at 316.9
Smart Scan Analysis for ZM.H20
Based on a pre-defined weighted trend formula for chart analysis, ZM.H20 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Open Time||20:00||Close Time||14:20|