Future Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
SOYBEAN MEAL Dec 2020 (CBOT:ZM.Z20)
Sidelines Mode (+55) - ZM.Z20 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.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZM.Z20
The long-term trend has been UP since Aug 28th, 2020 at 308.1
The intermediate-term trend has been UP since Aug 17th, 2020 at 301.3
The short-term trend has been DOWN since Nov 30th, 2020 at 394.5
Smart Scan Analysis for ZM.Z20
Based on our trend formula, ZM.Z20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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