Future Trend Analysis Report
Prepared for you on Sunday, April 18, 2021.
SOYBEAN MEAL Aug 2021 (CBOT:ZM.Q21)
Bull Market Weakness (+75) - ZM.Q21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZM.Q21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ZM.Q21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.Q21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZM.Q21
The long-term trend has been UP since Jul 1st, 2020 at 304.0
The intermediate-term trend has been UP since Mar 31st, 2021 at 411.5
The short-term trend has been UP since Apr 15th, 2021 at 403.6
Smart Scan Analysis for ZM.Q21
Based on our trend formula, ZM.Q21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).