Future Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
SOYBEAN MEAL May 2020 (CBOT:ZM.K20)
Weak Uptrend (+65) - ZM.K20 is showing signs of weakening momentum to the upside. Monitor ZM.K20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ZM.K20?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.K20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZM.K20
The long-term trend has been UP since Mar 3rd, 2020 at 310.7
The intermediate-term trend has been UP since Feb 27th, 2020 at 301.2
The short-term trend has been DOWN since Mar 31st, 2020 at 320.7
Smart Scan Analysis for ZM.K20
Based on our trend formula, ZM.K20 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Open Time||20:00||Close Time||14:20|