Future Trend Analysis Report
Prepared for you on Friday, August 12, 2022.
SOYBEANS Sep 2023 (CBOT:ZS.U23)
Bull Market Weakness (+75) - ZS.U23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZS.U23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ZS.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZS.U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZS.U23
The long-term trend has been DOWN since Jul 1st, 2022 at 1340.50
The intermediate-term trend has been UP since Jul 26th, 2022 at 1308.75
The short-term trend has been UP since Aug 8th, 2022 at 1340.25
Smart Scan Analysis for ZS.U23
Based on our trend formula, ZS.U23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).