Future Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
SOYBEANS Nov 2023 (CBOT:ZS.X23)
Countertrend Up (+85) - ZS.X23 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid ZS.X23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZS.X23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZS.X23
The long-term trend has been UP since Aug 2nd, 2020 at 895.5
The intermediate-term trend has been UP since Mar 31st, 2021 at 1070.0
The short-term trend has been DOWN since Apr 12th, 2021 at 1067.0
Smart Scan Analysis for ZS.X23
Based on our trend formula, ZS.X23 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).