Future Trend Analysis Report
Prepared for you on Monday, June 24, 2019.
NONFAT DRY MILK Jul 2019 (CME:GNF.N19)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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 GNF.N19
The long term trend has been UP since Aug 30th, 2018 at 98.500
The intermediate term trend has been DOWN since May 13th, 2019 at 106.175
The short term trend has been DOWN since Jun 18th, 2019 at 105.025
Smart Scan Analysis for GNF.N19
Based on a pre-defined weighted trend formula for chart analysis, GNF.N19 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).