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Future Trend Analysis Report

Prepared for you on Saturday, June 19, 2021.

SOYBEAN MEAL Sep 2021 (CBOT:ZM.U21)

Long-Term Downtrend (-90) - ZM.U21 is in a strong downtrend that is likely to continue. While ZM.U21 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.U21?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.U21.

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

CBOT_ZM.U21
Open High Low ZM.U21 Price Change
364.5 377.0 362.6 375.2 +12.0
Entry Signal

MarketClub’s Trade Triangles for ZM.U21

long term down The long-term trend has been DOWN since Jun 14th, 2021 at 379.5

intermediate term down The intermediate-term trend has been DOWN since May 18th, 2021 at 404.8

short term down The short-term trend has been DOWN since Jun 9th, 2021 at 391.8

Smart Scan Analysis for ZM.U21

Based on our trend formula, ZM.U21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ZM.U21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
364.5 377.0 362.6 375.2 +12.0
Prev. Close Volume Bid Ask Time
375.5 10201 2021-06-18 14:19:45
Expiration2021-09-14Open Time20:00
Close Time14:20
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