Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
SOYBEANS May 2022 (CBOT:ZS.K22)
Strong Downtrend (-100) - ZS.K22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZS.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZS.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZS.K22
The long-term trend has been DOWN since Oct 1st, 2021 at 1274.0
The intermediate-term trend has been DOWN since Aug 20th, 2021 at 1323.5
The short-term trend has been DOWN since Oct 22nd, 2021 at 1251.5
Smart Scan Analysis for ZS.K22
Based on our trend formula, ZS.K22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).