Future Trend Analysis Report
Prepared for you on Saturday, August 15, 2020.
SOYBEANS May 2021 (CBOT:ZS.K21)
Long-Term Uptrend (+90) - ZS.K21 is in a strong uptrend that is likely to continue. While ZS.K21 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 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 UP since Jul 1st, 2020 at 888.25
The intermediate-term trend has been UP since Aug 13th, 2020 at 904.75
The short-term trend has been UP since Aug 12th, 2020 at 887.25
Smart Scan Analysis for ZS.K21
Based on our trend formula, ZS.K21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).