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Future Trend Analysis Report

Prepared for you on Thursday, April 18, 2019.

SOYBEAN MEAL May 2020 (CBOT:ZM.K20)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CBOT_ZM.K20
Open High Low ZM.K20 Price Change
316.0 317.2 315.8 315.8 -0.6
Entry Signal

MarketClub’s Trade Triangles for ZM.K20

long term down The long term trend has been DOWN since Feb 28th, 2019 at 320.0

intermediate term down The intermediate term trend has been DOWN since Apr 17th, 2019 at 317.0

short term down The short term trend has been DOWN since Apr 11th, 2019 at 322.1

Smart Scan Analysis for ZM.K20

Based on a pre-defined weighted trend formula for chart analysis, ZM.K20 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for ZM.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
316.0 317.2 315.8 315.8 -0.6
Prev. Close Volume Bid Ask Time
323.9 282 2019-04-18 12:02:48
First Delivery2020-06-02Expiration2020-05-14
Open Time20:00Close Time14:20
Want to analyze SOYBEAN MEAL May 2020 ZM.K20 or another symbol? Try our Free Future Trend Analysis Report.