Future Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
SOYBEAN MEAL May 2021 (CBOT:ZM.K21)
Crossroads (-60) - ZM.K21 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.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 UP since Jul 1st, 2020 at 300.9
The intermediate-term trend has been DOWN since Jan 24th, 2021 at 416.3
The short-term trend has been DOWN since Feb 25th, 2021 at 421.9
Smart Scan Analysis for ZM.K21
Based on our trend formula, ZM.K21 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).