Future Trend Analysis Report
Prepared for you on Wednesday, October 5, 2022.
SOYBEAN MEAL Mar 2024 (CBOT:ZM.H24)
Crossroads (-60) - ZM.H24 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ZM.H24?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.H24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZM.H24
The long-term trend has been UP since Aug 2nd, 2022 at 347.3
The intermediate-term trend has been DOWN since Sep 30th, 2022 at 380.0
The short-term trend has been DOWN since Sep 30th, 2022 at 378.6
Smart Scan Analysis for ZM.H24
Based on our trend formula, ZM.H24 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).