Future Trend Analysis Report
Prepared for you on Monday, October 19, 2020.
SOYBEANS Aug 2021 (CBOT:ZS.Q21)
Bull Market Weakness (+75) - ZS.Q21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZS.Q21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ZS.Q21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZS.Q21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZS.Q21
The long-term trend has been UP since Jul 1st, 2020 at 897.00
The intermediate-term trend has been UP since May 27th, 2020 at 858.50
The short-term trend has been DOWN since Oct 16th, 2020 at 1028.25
Smart Scan Analysis for ZS.Q21
Based on our trend formula, ZS.Q21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).