Future Trend Analysis Report
Prepared for you on Wednesday, November 25, 2020.
NONFAT DRY MILK May 2021 (CME:GNF.K21)
Long-Term Uptrend (+90) - GNF.K21 is in a strong uptrend that is likely to continue. While GNF.K21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid GNF.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for GNF.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GNF.K21
The long-term trend has been UP since May 13th, 2020 at 110.25
The intermediate-term trend has been UP since Nov 25th, 2020 at 116.35
The short-term trend has been UP since Nov 24th, 2020 at 115.75
Smart Scan Analysis for GNF.K21
Based on our trend formula, GNF.K21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).