Future Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
SOYBEAN MEAL Jul 2022 (CBOT:ZM.N22)
Bear Market Rally (-75) - ZM.N22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZM.N22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ZM.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZM.N22
The long-term trend has been DOWN since Jun 23rd, 2021 at 356.0
The intermediate-term trend has been UP since Oct 29th, 2021 at 340.3
The short-term trend has been DOWN since Nov 19th, 2021 at 361.1
Smart Scan Analysis for ZM.N22
Based on our trend formula, ZM.N22 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).