Future Trend Analysis Report
Prepared for you on Sunday, January 29, 2023.
NONFAT DRY MILK Sep 2023 (CME:GNF.U23)
Long-Term Downtrend (-90) - GNF.U23 is in a strong downtrend that is likely to continue. While GNF.U23 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.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for GNF.U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GNF.U23
The long-term trend has been DOWN since Jul 19th, 2022 at 163.025
The intermediate-term trend has been DOWN since Dec 20th, 2022 at 142.500
The short-term trend has been DOWN since Dec 15th, 2022 at 143.275
Smart Scan Analysis for GNF.U23
Based on our trend formula, GNF.U23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).