Future Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
SOYBEANS May 2024 (CBOT:ZS.K24)
Crossroads (-60) - ZS.K24 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ZS.K24?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZS.K24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZS.K24
The long-term trend has been DOWN since Jun 23rd, 2022 at 1368.75
The intermediate-term trend has been UP since Jul 27th, 2022 at 1276.00
The short-term trend has been UP since Jul 18th, 2022 at 1246.75
Smart Scan Analysis for ZS.K24
Based on our trend formula, ZS.K24 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).