Future Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
SOYBEAN MEAL May 2021 (CBOT:ZM.K21)
Long-Term Uptrend (+90) - ZM.K21 is in a strong uptrend that is likely to continue. While ZM.K21 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.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZM.K21
The long-term trend has been UP since May 7th, 2021 at 439.3
The intermediate-term trend has been UP since Apr 25th, 2021 at 425.0
The short-term trend has been UP since May 5th, 2021 at 427.1
Smart Scan Analysis for ZM.K21
Based on our trend formula, ZM.K21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).