Future Trend Analysis Report
Prepared for you on Tuesday, January 25, 2022.
SOYBEAN MEAL Oct 2022 (CBOT:ZM.V22)
Sidelines Mode (+55) - ZM.V22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ZM.V22?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.V22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZM.V22
The long-term trend has been UP since Nov 15th, 2021 at 352.6
The intermediate-term trend has been DOWN since Jan 17th, 2022 at 377.6
The short-term trend has been UP since Jan 25th, 2022 at 373.0
Smart Scan Analysis for ZM.V22
Based on our trend formula, ZM.V22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).