Future Trend Analysis Report
Prepared for you on Wednesday, July 8, 2020.
LEAN HOGS Jul 2020 (CME:HE.N20)
Strong Downtrend (-100) - HE.N20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid HE.N20?
MarketClub looks at technical strength and momentum to determine if the timing is right for HE.N20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HE.N20
The long-term trend has been DOWN since Dec 2nd, 2019 at 84.725
The intermediate-term trend has been DOWN since May 29th, 2020 at 55.350
The short-term trend has been DOWN since May 28th, 2020 at 55.700
Smart Scan Analysis for HE.N20
Based on our trend formula, HE.N20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).