Future Trend Analysis Report
Prepared for you on Sunday, January 24, 2021.
SOYBEAN MEAL Jan 2022 (CBOT:ZM.F22)
Sidelines Mode (+55) - ZM.F22 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 ZM.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZM.F22
The long-term trend has been UP since Jun 9th, 2020 at 298.5
The intermediate-term trend has been UP since Jul 1st, 2020 at 300.2
The short-term trend has been DOWN since Jan 20th, 2021 at 386.4
Smart Scan Analysis for ZM.F22
Based on our trend formula, ZM.F22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).