Future Trend Analysis Report
Prepared for you on Saturday, June 19, 2021.
SOYBEANS Aug 2021 (CBOT:ZS.Q21)
Long-Term Downtrend (-90) - ZS.Q21 is in a strong downtrend that is likely to continue. While ZS.Q21 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 ZS.Q21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZS.Q21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZS.Q21
The long-term trend has been DOWN since Jun 17th, 2021 at 1313.75
The intermediate-term trend has been DOWN since Jun 13th, 2021 at 1450.00
The short-term trend has been DOWN since Jun 9th, 2021 at 1524.00
Smart Scan Analysis for ZS.Q21
Based on our trend formula, ZS.Q21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).