Future Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
SOYBEAN MEAL TAS Jul 2021 (CBOT:ZMT.N21)
Long-Term Uptrend (+90) - ZMT.N21 is in a strong uptrend that is likely to continue. While ZMT.N21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid ZMT.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZMT.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZMT.N21
The long-term trend has been UP since Jun 11th, 2021 at 0.2
The intermediate-term trend has been UP since Jun 11th, 2021 at 0.2
The short-term trend has been UP since Jun 11th, 2021 at 0.1
Smart Scan Analysis for ZMT.N21
Based on our trend formula, ZMT.N21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).