Future Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
SOYBEAN MEAL TAS Dec 2023 (CBOT:ZMT.Z23)
Weak Downtrend (-65) - ZMT.Z23 is showing signs of a strengthening downtrend. Monitor ZMT.Z23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ZMT.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZMT.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZMT.Z23
The long-term trend has been DOWN since Nov 19th, 2023 at -0.2
The intermediate-term trend has been DOWN since Nov 16th, 2023 at -0.1
The short-term trend has been DOWN since Nov 9th, 2023 at 0.1
Smart Scan Analysis for ZMT.Z23
Based on our trend formula, ZMT.Z23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).