Future Trend Analysis Report
Prepared for you on Friday, June 5, 2020.
SOYBEAN MEAL Dec 2020 (CBOT:ZM.Z20)
Bull Market Weakness (+75) - ZM.Z20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZM.Z20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ZM.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZM.Z20
The long-term trend has been DOWN since Mar 12th, 2020 at 305.2
The intermediate-term trend has been UP since Jun 5th, 2020 at 298.8
The short-term trend has been UP since Jun 3rd, 2020 at 293.0
Smart Scan Analysis for ZM.Z20
Based on our trend formula, ZM.Z20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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