Future Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
SOYBEAN MEAL Oct 2020 (CBOT:ZM.V20)
Strong Downtrend (-100) - ZM.V20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZM.V20?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.V20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZM.V20
The long-term trend has been DOWN since Nov 26th, 2019 at 310.9
The intermediate-term trend has been DOWN since Jan 23rd, 2020 at 309.5
The short-term trend has been DOWN since Feb 21st, 2020 at 304.9
Smart Scan Analysis for ZM.V20
Based on our trend formula, ZM.V20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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