Future Trend Analysis Report
Prepared for you on Friday, December 2, 2022.
NONFAT DRY MILK Jul 2023 (CME:GNF.N23)
Long-Term Downtrend (-90) - GNF.N23 is in a strong downtrend that is likely to continue. While GNF.N23 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.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for GNF.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GNF.N23
The long-term trend has been DOWN since Jul 6th, 2022 at 163.500
The intermediate-term trend has been DOWN since Nov 28th, 2022 at 143.000
The short-term trend has been DOWN since Nov 22nd, 2022 at 143.525
Smart Scan Analysis for GNF.N23
Based on our trend formula, GNF.N23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).