Future Trend Analysis Report
Prepared for you on Saturday, July 31, 2021.
SOYBEAN MEAL Jul 2023 (CBOT:ZM.N23)
Crossroads (-60) - ZM.N23 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.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZM.N23
The long-term trend has been UP since Jun 21st, 2021 at 346.0
The intermediate-term trend has been DOWN since Jul 27th, 2021 at 345.6
The short-term trend has been DOWN since Jul 27th, 2021 at 345.6
Smart Scan Analysis for ZM.N23
Based on our trend formula, ZM.N23 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).