Future Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
SOYBEAN MEAL Dec 2021 (CBOT:ZM.Z21)
Countertrend Up (+85) - ZM.Z21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Jul 1st, 2020 at 303.3
The intermediate-term trend has been UP since Feb 22nd, 2021 at 378.5
The short-term trend has been DOWN since Feb 25th, 2021 at 380.5
Smart Scan Analysis for ZM.Z21
Based on our trend formula, ZM.Z21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).