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Future Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

SOYBEAN MEAL May 2021 (CBOT:ZM.K21)

Sidelines Mode (-55) - ZM.K21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ZM.K21?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.K21.

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

CBOT_ZM.K21
Open High Low ZM.K21 Price Change
291.5 292.4 290.9 291.5 -0.7
Entry Signal

MarketClub’s Trade Triangles for ZM.K21

long term down The long-term trend has been DOWN since Oct 30th, 2019 at 317.4

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2020 at 301.2

short term up The short-term trend has been UP since May 29th, 2020 at 291.6

Smart Scan Analysis for ZM.K21

Based on our trend formula, ZM.K21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ZM.K21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
291.5 292.4 290.9 291.5 -0.7
Prev. Close Volume Bid Ask Time
292.6 2057 2020-05-29 14:14:37
Expiration2021-05-14Open Time20:00
Close Time14:20
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