Future Trend Analysis Report
Prepared for you on Sunday, June 20, 2021.
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 Oct 22nd, 2020 at 314.0
The intermediate-term trend has been DOWN since May 13th, 2021 at 380.2
The short-term trend has been DOWN since Jun 8th, 2021 at 380.0
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).