Future Trend Analysis Report
Prepared for you on Friday, March 22, 2019.
SOYBEAN MEAL Aug 2019 (CBOT:ZM.Q19)
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.Q19
The long term trend has been DOWN since Mar 1st, 2019 at 311.6
The intermediate term trend has been UP since Mar 17th, 2019 at 316.9
The short term trend has been UP since Mar 13th, 2019 at 310.1
Smart Scan Analysis for ZM.Q19
Based on a pre-defined weighted trend formula for chart analysis, ZM.Q19 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Open Time||20:00||Close Time||14:20|