Future Trend Analysis Report
Prepared for you on Saturday, March 23, 2019.
SOYBEAN MEAL Jul 2019 (CBOT:ZM.N19)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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.N19
The long term trend has been DOWN since Mar 1st, 2019 at 309.9
The intermediate term trend has been UP since Mar 17th, 2019 at 315.1
The short term trend has been UP since Mar 13th, 2019 at 308.5
Smart Scan Analysis for ZM.N19
Based on a pre-defined weighted trend formula for chart analysis, ZM.N19 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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