Future Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
SOYBEAN MEAL Jan 2023 (CBOT:ZM.F23)
Bull Market Weakness (+75) - ZM.F23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZM.F23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ZM.F23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.F23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZM.F23
The long-term trend has been UP since Nov 15th, 2021 at 348.4
The intermediate-term trend has been DOWN since Jan 18th, 2022 at 370.1
The short-term trend has been UP since Jan 26th, 2022 at 369.9
Smart Scan Analysis for ZM.F23
Based on our trend formula, ZM.F23 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).