Future Trend Analysis Report
Prepared for you on Tuesday, August 3, 2021.
SOYBEANS Nov 2023 (CBOT:ZS.X23)
Bull Market Weakness (+75) - ZS.X23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZS.X23 as it may be in the beginning stages of a reversal.
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 895.50
The intermediate-term trend has been UP since Jun 30th, 2021 at 1175.00
The short-term trend has been DOWN since Aug 2nd, 2021 at 1166.75
Smart Scan Analysis for ZS.X23
Based on our trend formula, ZS.X23 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).