Future Trend Analysis Report
Prepared for you on Tuesday, September 28, 2021.
SOYBEAN MEAL Dec 2021 (CBOT:ZM.Z21)
Long-Term Downtrend (-90) - ZM.Z21 is in a strong downtrend that is likely to continue. While ZM.Z21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 Jun 18th, 2021 at 367.7
The intermediate-term trend has been DOWN since Aug 23rd, 2021 at 350.0
The short-term trend has been DOWN since Sep 20th, 2021 at 340.3
Smart Scan Analysis for ZM.Z21
Based on our trend formula, ZM.Z21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).