Future Trend Analysis Report
Prepared for you on Tuesday, June 18, 2019.
NONFAT DRY MILK Dec 2019 (CME:GNF.Z19)
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.Z19
The long term trend has been UP since Dec 12th, 2018 at 106.0
The intermediate term trend has been DOWN since Jun 5th, 2019 at 111.0
The short term trend has been DOWN since Jun 14th, 2019 at 112.2
Smart Scan Analysis for GNF.Z19
Based on a pre-defined weighted trend formula for chart analysis, GNF.Z19 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).