Future Trend Analysis Report
Prepared for you on Thursday, December 9, 2021.
SOYBEAN MEAL Jan 2022 (CBOT:ZM.F22)
Long-Term Uptrend (+90) - ZM.F22 is in a strong uptrend that is likely to continue. While ZM.F22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid ZM.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZM.F22
The long-term trend has been UP since Nov 15th, 2021 at 363.6
The intermediate-term trend has been UP since Oct 27th, 2021 at 329.0
The short-term trend has been UP since Dec 3rd, 2021 at 350.1
Smart Scan Analysis for ZM.F22
Based on our trend formula, ZM.F22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).