Future Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
SOYBEAN MEAL Jan 2022 (CBOT:ZM.F22)
Bear Market Rally (-75) - ZM.F22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZM.F22 as it may be in the beginning of a reversal.
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 DOWN since Jun 22nd, 2021 at 364.3
The intermediate-term trend has been DOWN since Aug 20th, 2021 at 351.2
The short-term trend has been UP since Oct 15th, 2021 at 316.6
Smart Scan Analysis for ZM.F22
Based on our trend formula, ZM.F22 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).