Future Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
SOYBEAN MEAL Mar 2024 (CBOT:ZM.H24)
Weak Downtrend (-65) - ZM.H24 is showing signs of a strengthening downtrend. Monitor ZM.H24 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ZM.H24?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.H24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZM.H24
The long-term trend has been UP since Jun 21st, 2023 at 419.8
The intermediate-term trend has been DOWN since Sep 17th, 2023 at 383.3
The short-term trend has been DOWN since Sep 28th, 2023 at 378.0
Smart Scan Analysis for ZM.H24
Based on our trend formula, ZM.H24 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).