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Future Trend Analysis Report
Prepared for you on Friday, December 1, 2023.
SOYBEANS Jan 2024 (CBOT:ZS.F24)
Long-Term Downtrend (-90) - ZS.F24 is in a strong downtrend that is likely to continue. While ZS.F24 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 ZS.F24?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZS.F24.
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 ZS.F24
The long-term trend has been DOWN since Oct 1st, 2023 at 1292.50
The intermediate-term trend has been DOWN since Nov 26th, 2023 at 1327.00
The short-term trend has been DOWN since Nov 24th, 2023 at 1354.25
Smart Scan Analysis for ZS.F24
Based on our trend formula, ZS.F24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1342.0 | 1343.5 | 1326.0 | 1330.0 | -13.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1343.0 | 22480 | 2023-12-01 08:02:42 |
| Expiration | 2024-01-12 | Open Time | 20:00 |
| Close Time | 14:20 |