Future Trend Analysis Report
Prepared for you on Thursday, December 2, 2021.
SOYBEAN MEAL Mar 2022 (CBOT:ZM.H22)
Bull Market Weakness (+75) - ZM.H22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZM.H22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ZM.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZM.H22
The long-term trend has been UP since Nov 15th, 2021 at 364.5
The intermediate-term trend has been UP since Oct 28th, 2021 at 331.8
The short-term trend has been UP since Dec 2nd, 2021 at 348.0
Smart Scan Analysis for ZM.H22
Based on our trend formula, ZM.H22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).