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Future Trend Analysis Report
Prepared for you on Monday, June 5, 2023.
SOYBEAN MEAL TAS Jul 2023 (CBOT:ZMT.N23)
Weak Downtrend (-65) - ZMT.N23 is showing signs of a strengthening downtrend. Monitor ZMT.N23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ZMT.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZMT.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ZMT.N23
The long-term trend has been DOWN since Feb 28th, 2023 at -0.1
The intermediate-term trend has been UP since May 19th, 2023 at 0.1
The short-term trend has been DOWN since May 31st, 2023 at 0.1
Smart Scan Analysis for ZMT.N23
Based on our trend formula, ZMT.N23 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-65
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1 | 0.1 | -0.2 | -0.2 | 0 |
| Prev. Close | Volume | Bid | Ask | Time |
| -0.2 | 1407 | 2023-06-02 14:14:17 |
| Expiration | 2023-06-29 | Open Time | 09:30 |
| Close Time | 14:15 |
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