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Future Trend Analysis Report

Prepared for you on Wednesday, June 16, 2021.

SOYBEAN MEAL Aug 2021 (CBOT:ZM.Q21)

Long-Term Downtrend (-90) - ZM.Q21 is in a strong downtrend that is likely to continue. While ZM.Q21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ZM.Q21?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.Q21.

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

CBOT_ZM.Q21
Open High Low ZM.Q21 Price Change
374.1 375.0 371.8 373.4 +0.1
Entry Signal

MarketClub’s Trade Triangles for ZM.Q21

long term down The long-term trend has been DOWN since May 25th, 2021 at 388.8

intermediate term down The intermediate-term trend has been DOWN since May 18th, 2021 at 410.4

short term down The short-term trend has been DOWN since Jun 7th, 2021 at 392.3

Smart Scan Analysis for ZM.Q21

Based on our trend formula, ZM.Q21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ZM.Q21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
374.1 375.0 371.8 373.4 +0.1
Prev. Close Volume Bid Ask Time
373.3 2202 2021-06-16 06:40:07
Expiration2021-08-13Open Time20:00
Close Time14:20
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