Future Trend Analysis Report
Prepared for you on Sunday, August 18, 2019.
NONFAT DRY MILK Nov 2019 (CME:GNF.X19)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DOWN since Aug 12th, 2019 at 106.575
The intermediate term trend has been DOWN since Jul 8th, 2019 at 109.250
The short term trend has been DOWN since Aug 1st, 2019 at 108.450
Smart Scan Analysis for GNF.X19
Based on a pre-defined weighted trend formula for chart analysis, GNF.X19 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).