Future Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
SOYBEANS Nov 2023 (CBOT:ZS.X23)
Long-Term Uptrend (+90) - ZS.X23 is in a strong uptrend that is likely to continue. While ZS.X23 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.X23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZS.X23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZS.X23
The long-term trend has been UP since Aug 2nd, 2020 at 895.5
The intermediate-term trend has been UP since Nov 17th, 2021 at 1200.0
The short-term trend has been UP since Jan 26th, 2022 at 1264.0
Smart Scan Analysis for ZS.X23
Based on our trend formula, ZS.X23 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).