Future Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
SOYBEANS Jul 2024 (CBOT:ZS.N24)
Sidelines Mode (+55) - ZS.N24 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ZS.N24?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZS.N24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZS.N24
The long-term trend has been UP since Nov 15th, 2023 at 1415.75
The intermediate-term trend has been UP since Oct 17th, 2023 at 1351.00
The short-term trend has been DOWN since Nov 24th, 2023 at 1389.00
Smart Scan Analysis for ZS.N24
Based on our trend formula, ZS.N24 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).