Future Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
SOYBEAN MEAL Jul 2021 (CBOT:ZM.N21)
Countertrend Up (+85) - ZM.N21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid ZM.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZM.N21
The long-term trend has been UP since Jul 1st, 2020 at 303.6
The intermediate-term trend has been UP since Mar 31st, 2021 at 422.1
The short-term trend has been UP since Apr 9th, 2021 at 412.0
Smart Scan Analysis for ZM.N21
Based on our trend formula, ZM.N21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).