Future Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
SOYBEAN MEAL Dec 2021 (CBOT:ZM.Z21)
Crossroads (+60) - ZM.Z21 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.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZM.Z21
The long-term trend has been DOWN since Mar 17th, 2020 at 303.4
The intermediate-term trend has been UP since Jun 1st, 2020 at 295.9
The short-term trend has been UP since May 21st, 2020 at 292.4
Smart Scan Analysis for ZM.Z21
Based on our trend formula, ZM.Z21 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).