Future Trend Analysis Report
Prepared for you on Friday, May 7, 2021.
SOYBEAN MEAL Sep 2021 (CBOT:ZM.U21)
Strong Uptrend (+100) - ZM.U21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZM.U21 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.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZM.U21
The long-term trend has been UP since Jul 1st, 2020 at 303.7
The intermediate-term trend has been UP since Mar 31st, 2021 at 398.6
The short-term trend has been UP since May 2nd, 2021 at 412.9
Smart Scan Analysis for ZM.U21
Based on our trend formula, ZM.U21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).