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Future Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

SOYBEAN MEAL May 2020 (CBOT:ZM.K20)

Weak Uptrend (+65) - ZM.K20 is showing signs of weakening momentum to the upside. Monitor ZM.K20 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid ZM.K20?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.K20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CBOT_ZM.K20
Open High Low ZM.K20 Price Change
297.4 297.5 296.3 296.7 -0.3
Entry Signal

MarketClub’s Trade Triangles for ZM.K20

long term up The long-term trend has been UP since Mar 3rd, 2020 at 310.7

intermediate term up The intermediate-term trend has been UP since Feb 27th, 2020 at 301.2

short term down The short-term trend has been DOWN since Mar 31st, 2020 at 320.7

Smart Scan Analysis for ZM.K20

Based on our trend formula, ZM.K20 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for ZM.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
297.4 297.5 296.3 296.7 -0.3
Prev. Close Volume Bid Ask Time
321.3 4561 2020-04-07 03:54:06
First Delivery2020-06-02Expiration2020-05-14
Open Time20:00Close Time14:20
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