Future Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
LEAN HOGS Feb 2021 (CME:HE.G21)
Sidelines Mode (-55) - HE.G21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid HE.G21?
MarketClub looks at technical strength and momentum to determine if the timing is right for HE.G21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HE.G21
The long-term trend has been DOWN since Nov 15th, 2019 at 72.700
The intermediate-term trend has been DOWN since Jul 30th, 2020 at 59.025
The short-term trend has been UP since Aug 5th, 2020 at 59.825
Smart Scan Analysis for HE.G21
Based on our trend formula, HE.G21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).