Future Trend Analysis Report
Prepared for you on Wednesday, June 26, 2019.
NONFAT DRY MILK Nov 2019 (CME:GNF.X19)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.X19
The long term trend has been UP since Dec 13th, 2018 at 105.500
The intermediate term trend has been DOWN since May 22nd, 2019 at 110.050
The short term trend has been UP since Jun 24th, 2019 at 110.025
Smart Scan Analysis for GNF.X19
Based on a pre-defined weighted trend formula for chart analysis, GNF.X19 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).