Future Trend Analysis Report
Prepared for you on Thursday, August 11, 2022.
SOYBEAN MEAL Jul 2023 (CBOT:ZM.N23)
Strong Uptrend (+100) - ZM.N23 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZM.N23 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.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 Jul 27th, 2022 at 409.5
The intermediate-term trend has been UP since Jul 27th, 2022 at 401.3
The short-term trend has been UP since Aug 11th, 2022 at 396.3
Smart Scan Analysis for ZM.N23
Based on our trend formula, ZM.N23 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).