Future Trend Analysis Report
Prepared for you on Monday, February 6, 2023.
LEAN HOGS Aug 2023 (CME:HE.Q23)
Crossroads (+60) - HE.Q23 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid HE.Q23?
MarketClub looks at technical strength and momentum to determine if the timing is right for HE.Q23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HE.Q23
The long-term trend has been UP since Oct 31st, 2022 at 104.275
The intermediate-term trend has been DOWN since Jan 11th, 2023 at 105.500
The short-term trend has been DOWN since Feb 1st, 2023 at 103.050
Smart Scan Analysis for HE.Q23
Based on our trend formula, HE.Q23 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).