Future Trend Analysis Report
Prepared for you on Saturday, October 19, 2019.
ROUGH RICE Nov 2019 (CBOT:ZR.X19)
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 ZR.X19
The long term trend has been UP since May 8th, 2019 at 11.190
The intermediate term trend has been DOWN since Oct 1st, 2019 at 11.910
The short term trend has been DOWN since Oct 16th, 2019 at 11.875
Smart Scan Analysis for ZR.X19
Based on a pre-defined weighted trend formula for chart analysis, ZR.X19 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Open Time||20:00||Close Time||14:20|