Future Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
LEAN HOGS Aug 2021 (CME:HE.Q21)
Sidelines Mode (-55) - HE.Q21 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.Q21?
MarketClub looks at technical strength and momentum to determine if the timing is right for HE.Q21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HE.Q21
The long-term trend has been DOWN since Jul 13th, 2020 at 73.0
The intermediate-term trend has been DOWN since Jul 13th, 2020 at 73.1
The short-term trend has been UP since Aug 5th, 2020 at 74.5
Smart Scan Analysis for HE.Q21
Based on our trend formula, HE.Q21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).