Analyze Symbol
Future Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
SOYBEAN MEAL May 2021 (CBOT:ZM.K21)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
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.
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MarketClub’s Trade Triangles for ZM.K21
The long term trend has been DOWN since Oct 30th, 2019 at 317.4
The intermediate term trend has been UP since Dec 2nd, 2019 at 311.1
The short term trend has been DOWN since Dec 6th, 2019 at 310.5
Smart Scan Analysis for ZM.K21
Based on a pre-defined weighted trend formula for chart analysis, ZM.K21 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 309.4 | 309.6 | 308.7 | 308.9 | -2.8 |
| Prev. Close | Volume | Bid | Ask | Time |
| 308.7 | 10 | 2019-12-06 12:41:25 |
| Expiration | 2021-05-14 | Open Time | 20:00 |
| Close Time | 14:20 |