Future Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
SOYBEAN MEAL Mar 2021 (CBOT:ZM.H21)
Countertrend Down (-85) - ZM.H21 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid ZM.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZM.H21
The long-term trend has been DOWN since Sep 25th, 2019 at 317.6
The intermediate-term trend has been DOWN since Mar 12th, 2020 at 301.2
The short-term trend has been UP since Apr 3rd, 2020 at 297.2
Smart Scan Analysis for ZM.H21
Based on our trend formula, ZM.H21 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).