Future Trend Analysis Report
Prepared for you on Saturday, April 10, 2021.
SOYBEAN MEAL Dec 2022 (CBOT:ZM.Z22)
Bull Market Weakness (+75) - ZM.Z22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZM.Z22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ZM.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZM.Z22
The long-term trend has been UP since Sep 9th, 2020 at 303.0
The intermediate-term trend has been UP since Mar 31st, 2021 at 349.9
The short-term trend has been DOWN since Apr 6th, 2021 at 349.6
Smart Scan Analysis for ZM.Z22
Based on our trend formula, ZM.Z22 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).