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Future Trend Analysis Report

Prepared for you on Sunday, October 2, 2022.

SOYBEAN MEAL Jan 2024 (CBOT:ZM.F24)

Crossroads (-60) - ZM.F24 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ZM.F24?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.F24.

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

CBOT_ZM.F24
Open High Low ZM.F24 Price Change
382.0 382.0 382.0 382.5 +0.5
Entry Signal

MarketClub’s Trade Triangles for ZM.F24

long term up The long-term trend has been UP since Jul 29th, 2022 at 373.0

intermediate term down The intermediate-term trend has been DOWN since Sep 29th, 2022 at 381.8

short term down The short-term trend has been DOWN since Sep 29th, 2022 at 383.0

Smart Scan Analysis for ZM.F24

Based on our trend formula, ZM.F24 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for ZM.F24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
382.0 382.0 382.0 382.5 +0.5
Prev. Close Volume Bid Ask Time
382.0 1 2022-09-30 12:05:56
Expiration2024-01-12Open Time20:00
Close Time14:20
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