Future Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
SOYBEANS Nov 2022 (CBOT:ZS.X22)
Sidelines Mode (-55) - ZS.X22 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.X22?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZS.X22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZS.X22
The long-term trend has been UP since Jul 6th, 2020 at 885.00
The intermediate-term trend has been DOWN since Oct 1st, 2021 at 1238.25
The short-term trend has been UP since Oct 25th, 2021 at 1232.75
Smart Scan Analysis for ZS.X22
Based on our trend formula, ZS.X22 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).