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Future Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
SOYBEAN MEAL Mar 2023 (CBOT:ZM.H23)
Weak Uptrend (+65) - ZM.H23 is showing signs of weakening momentum to the upside. Monitor ZM.H23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ZM.H23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.H23.
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 ZM.H23
The long-term trend has been UP since Jul 27th, 2022 at 413.8
The intermediate-term trend has been UP since Jan 30th, 2023 at 485.3
The short-term trend has been DOWN since Mar 14th, 2023 at 493.7
Smart Scan Analysis for ZM.H23
Based on our trend formula, ZM.H23 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 |
|---|---|---|---|---|
| 487.5 | 492.2 | 487.5 | 492.2 | -4.1 |
| Prev. Close | Volume | Bid | Ask | Time |
| 492.2 | 17 | 2023-03-14 12:07:22 |
| Expiration | 2023-03-14 | Open Time | 20:00 |
| Close Time | 14:20 |
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