Future Trend Analysis Report
Prepared for you on Wednesday, June 19, 2019.
SOYBEANS Nov 2020 (CBOT:ZS.X20)
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 ZS.X20
The long term trend has been DOWN since Mar 29th, 2019 at 953.25
The intermediate term trend has been UP since May 28th, 2019 at 922.50
The short term trend has been DOWN since Jun 19th, 2019 at 948.25
Smart Scan Analysis for ZS.X20
Based on a pre-defined weighted trend formula for chart analysis, ZS.X20 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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