Future Trend Analysis Report
Prepared for you on Thursday, October 22, 2020.
SOYBEANS May 2022 (CBOT:ZS.K22)
Long-Term Uptrend (+90) - ZS.K22 is in a strong uptrend that is likely to continue. While ZS.K22 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.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 Oct 14th, 2020 at 953.75
The short-term trend has been UP since Oct 20th, 2020 at 951.75
Smart Scan Analysis for ZS.K22
Based on our trend formula, ZS.K22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).