Future Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
SOYBEANS Nov 2020 (CBOT:ZS.X20)
Sidelines Mode (+55) - ZS.X20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ZS.X20?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZS.X20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZS.X20
The long-term trend has been DOWN since Jan 30th, 2020 at 925.00
The intermediate-term trend has been UP since May 10th, 2020 at 859.50
The short-term trend has been DOWN since May 29th, 2020 at 850.75
Smart Scan Analysis for ZS.X20
Based on our trend formula, ZS.X20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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