Future Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
SOYBEAN MEAL Aug 2022 (CBOT:ZM.Q22)
Crossroads (-60) - ZM.Q22 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.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZM.Q22
The long-term trend has been UP since Nov 15th, 2021 at 362.7
The intermediate-term trend has been DOWN since Jan 17th, 2022 at 393.7
The short-term trend has been DOWN since Jan 26th, 2022 at 382.6
Smart Scan Analysis for ZM.Q22
Based on our trend formula, ZM.Q22 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).