Future Trend Analysis Report
Prepared for you on Monday, May 17, 2021.
SOYBEANS May 2022 (CBOT:ZS.K22)
Countertrend Up (+85) - ZS.K22 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 ZS.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZS.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZS.K22
The long-term trend has been UP since Jul 1st, 2020 at 888.00
The intermediate-term trend has been UP since Mar 31st, 2021 at 1226.75
The short-term trend has been DOWN since May 10th, 2021 at 1363.75
Smart Scan Analysis for ZS.K22
Based on our trend formula, ZS.K22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).