Future Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
SOYBEAN MEAL TAS Dec 2021 (CBOT:ZMT.Z21)
Countertrend Up (+85) - ZMT.Z21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid ZMT.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZMT.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZMT.Z21
The long-term trend has been UP since Oct 12th, 2021 at 0.1
The intermediate-term trend has been UP since Oct 12th, 2021 at 0.1
The short-term trend has been UP since Oct 12th, 2021 at 0.1
Smart Scan Analysis for ZMT.Z21
Based on our trend formula, ZMT.Z21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).