Future Trend Analysis Report
Prepared for you on Saturday, April 1, 2023.
SOYBEAN MEAL Sep 2023 (CBOT:ZM.U23)
Crossroads (+60) - ZM.U23 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.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZM.U23
The long-term trend has been UP since Jul 29th, 2022 at 395.5
The intermediate-term trend has been DOWN since Mar 20th, 2023 at 428.1
The short-term trend has been DOWN since Mar 31st, 2023 at 429.3
Smart Scan Analysis for ZM.U23
Based on our trend formula, ZM.U23 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).