Future Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
SOYBEAN MEAL Sep 2020 (CBOT:ZM.U20)
Long-Term Uptrend (+90) - ZM.U20 is in a strong uptrend that is likely to continue. While ZM.U20 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.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZM.U20
The long-term trend has been UP since Aug 28th, 2020 at 302.0
The intermediate-term trend has been UP since Aug 17th, 2020 at 295.6
The short-term trend has been UP since Sep 3rd, 2020 at 304.4
Smart Scan Analysis for ZM.U20
Based on our trend formula, ZM.U20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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