Future Trend Analysis Report
Prepared for you on Saturday, February 16, 2019.
SOYBEAN MEAL May 2019 (CBOT:ZM.K19)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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.K19
The long term trend has been UP since Jan 7th, 2019 at 324.9
The intermediate term trend has been DOWN since Feb 6th, 2019 at 313.5
The short term trend has been UP since Feb 12th, 2019 at 312.1
Smart Scan Analysis for ZM.K19
Based on a pre-defined weighted trend formula for chart analysis, ZM.K19 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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