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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.

CBOT_ZMT.Z23
Open High Low ZMT.Z23 Price Change
0.1 0.0 0.1 0.1 0.0
Entry Signal

MarketClub’s Trade Triangles for ZMT.Z23

long term down The long-term trend has been DOWN since Nov 19th, 2023 at -0.2

intermediate term down The intermediate-term trend has been DOWN since Nov 16th, 2023 at -0.1

short term down 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).

-70
Smart Scan Analysis for ZMT.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1 0.0 0.1 0.1 0.0
Prev. Close Volume Bid Ask Time
0.1 350 2023-11-29 12:32:15
Expiration2023-11-29Open Time09:30
Close Time14:15
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