Future Trend Analysis Report
Prepared for you on Friday, February 28, 2020.
SOYBEANS May 2021 (CBOT:ZS.K21)
Strong Downtrend (-100) - ZS.K21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZS.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZS.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZS.K21
The long-term trend has been DOWN since Nov 26th, 2019 at 940.5
The intermediate-term trend has been DOWN since Jan 15th, 2020 at 957.5
The short-term trend has been DOWN since Feb 19th, 2020 at 915.5
Smart Scan Analysis for ZS.K21
Based on our trend formula, ZS.K21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).