Future Trend Analysis Report
Prepared for you on Saturday, May 25, 2019.
SOYBEAN MEAL Jul 2020 (CBOT:ZM.N20)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.N20
The long term trend has been DOWN since Mar 1st, 2019 at 320.6
The intermediate term trend has been UP since May 15th, 2019 at 317.5
The short term trend has been DOWN since May 21st, 2019 at 308.4
Smart Scan Analysis for ZM.N20
Based on a pre-defined weighted trend formula for chart analysis, ZM.N20 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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