Future Trend Analysis Report
Prepared for you on Monday, May 10, 2021.
SOYBEAN MEAL Jul 2022 (CBOT:ZM.N22)
Strong Uptrend (+100) - ZM.N22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZM.N22 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid ZM.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZM.N22
The long-term trend has been UP since Aug 17th, 2020 at 301.0
The intermediate-term trend has been UP since Mar 31st, 2021 at 368.0
The short-term trend has been UP since May 6th, 2021 at 390.8
Smart Scan Analysis for ZM.N22
Based on our trend formula, ZM.N22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).