Future Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
SOYBEANS Nov 2021 (CBOT:ZS.X21)
Bear Market Rally (-75) - ZS.X21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZS.X21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ZS.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZS.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZS.X21
The long-term trend has been DOWN since Jan 31st, 2020 at 924.25
The intermediate-term trend has been DOWN since Jan 15th, 2020 at 942.00
The short-term trend has been UP since Apr 3rd, 2020 at 846.75
Smart Scan Analysis for ZS.X21
Based on our trend formula, ZS.X21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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