Future Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
LEAN HOGS Aug 2020 (CME:HE.Q20)
Strong Downtrend (-100) - HE.Q20 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.Q20?
MarketClub looks at technical strength and momentum to determine if the timing is right for HE.Q20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HE.Q20
The long-term trend has been DOWN since Dec 3rd, 2019 at 83.875
The intermediate-term trend has been DOWN since Aug 5th, 2020 at 49.400
The short-term trend has been DOWN since Jul 29th, 2020 at 52.775
Smart Scan Analysis for HE.Q20
Based on our trend formula, HE.Q20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).