Future Trend Analysis Report
Prepared for you on Wednesday, July 15, 2020.
SOYBEAN MEAL Aug 2021 (CBOT:ZM.Q21)
Weak Uptrend (+65) - ZM.Q21 is showing signs of weakening momentum to the upside. Monitor 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 Jul 1st, 2020 at 303.3
The short-term trend has been DOWN since Jul 10th, 2020 at 303.9
Smart Scan Analysis for ZM.Q21
Based on our trend formula, ZM.Q21 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).