Future Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
SOYBEAN MEAL Mar 2023 (CBOT:ZM.H23)
Sidelines Mode (+55) - ZM.H23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ZM.H23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.H23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZM.H23
The long-term trend has been UP since Dec 10th, 2021 at 349.9
The intermediate-term trend has been UP since Nov 3rd, 2021 at 330.0
The short-term trend has been DOWN since Jan 25th, 2022 at 360.2
Smart Scan Analysis for ZM.H23
Based on our trend formula, ZM.H23 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).