Future Trend Analysis Report
Prepared for you on Saturday, May 25, 2019.
SOYBEAN MEAL Aug 2019 (CBOT:ZM.Q19)
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.Q19
The long term trend has been DOWN since Mar 1st, 2019 at 311.6
The intermediate term trend has been DOWN since Apr 17th, 2019 at 309.8
The short term trend has been UP since May 24th, 2019 at 300.6
Smart Scan Analysis for ZM.Q19
Based on a pre-defined weighted trend formula for chart analysis, ZM.Q19 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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