Future Trend Analysis Report
Prepared for you on Tuesday, September 27, 2022.
NONFAT DRY MILK Jan 2023 (CME:GNF.F23)
Long-Term Downtrend (-90) - GNF.F23 is in a strong downtrend that is likely to continue. While GNF.F23 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GNF.F23?
MarketClub looks at technical strength and momentum to determine if the timing is right for GNF.F23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GNF.F23
The long-term trend has been DOWN since Jul 6th, 2022 at 165.000
The intermediate-term trend has been DOWN since Sep 26th, 2022 at 155.525
The short-term trend has been DOWN since Sep 23rd, 2022 at 157.500
Smart Scan Analysis for GNF.F23
Based on our trend formula, GNF.F23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).