Future Trend Analysis Report
Prepared for you on Thursday, October 6, 2022.
SOYBEANS Nov 2024 (CBOT:ZS.X24)
Long-Term Uptrend (+90) - ZS.X24 is in a strong uptrend that is likely to continue. While ZS.X24 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.X24?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZS.X24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZS.X24
The long-term trend has been UP since Oct 4th, 2022 at 1311.50
The intermediate-term trend has been UP since Sep 12th, 2022 at 1299.00
The short-term trend has been UP since Sep 27th, 2022 at 1277.25
Smart Scan Analysis for ZS.X24
Based on our trend formula, ZS.X24 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).