Future Trend Analysis Report
Prepared for you on Friday, September 17, 2021.
SOYBEAN MEAL Dec 2021 (CBOT:ZM.Z21)
Countertrend Down (-85) - ZM.Z21 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid ZM.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZM.Z21
The long-term trend has been DOWN since Jun 18th, 2021 at 367.7
The intermediate-term trend has been DOWN since Aug 23rd, 2021 at 350.0
The short-term trend has been UP since Sep 17th, 2021 at 344.1
Smart Scan Analysis for ZM.Z21
Based on our trend formula, ZM.Z21 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).