Future Trend Analysis Report
Prepared for you on Monday, September 16, 2019.
SOYBEANS Nov 2021 (CBOT:ZS.X21)
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 ZS.X21
The long term trend has been DOWN since Mar 11th, 2019 at 970.0
The intermediate term trend has been UP since Sep 12th, 2019 at 945.0
The short term trend has been UP since Sep 11th, 2019 at 940.5
Smart Scan Analysis for ZS.X21
Based on a pre-defined weighted trend formula for chart analysis, ZS.X21 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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