Future Trend Analysis Report
Prepared for you on Saturday, September 18, 2021.
SOYBEAN MEAL Jan 2023 (CBOT:ZM.F23)
Sidelines Mode (+50) - ZM.F23 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ZM.F23 can gain momentum.
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 DOWN since Jun 10th, 2021 at 356.9
The intermediate-term trend has been UP since Sep 7th, 2021 at 342.5
The short-term trend has been UP since Sep 7th, 2021 at 342.5
Smart Scan Analysis for ZM.F23
Based on our trend formula, ZM.F23 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).