Future Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
SOYBEAN MEAL TAS Mar 2022 (CBOT:ZMT.H22)
Long-Term Downtrend (-90) - ZMT.H22 is in a strong downtrend that is likely to continue. While ZMT.H22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZMT.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZMT.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZMT.H22
The long-term trend has been DOWN since Jan 18th, 2022 at -0.1
The intermediate-term trend has been DOWN since Jan 18th, 2022 at -0.1
The short-term trend has been DOWN since Jan 18th, 2022 at -0.1
Smart Scan Analysis for ZMT.H22
Based on our trend formula, ZMT.H22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).