Future Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
SOYBEAN MEAL May 2021 (CBOT:ZM.K21)
Bull Market Weakness (+75) - ZM.K21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZM.K21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ZM.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZM.K21
The long-term trend has been DOWN since Apr 13th, 2021 at 395.8
The intermediate-term trend has been UP since Apr 25th, 2021 at 425.0
The short-term trend has been UP since May 5th, 2021 at 427.1
Smart Scan Analysis for ZM.K21
Based on our trend formula, ZM.K21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).