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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.

CBOT_ZM.K21
Open High Low ZM.K21 Price Change
309.4 309.6 308.7 308.9 -2.8
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 up The intermediate term trend has been UP since Dec 2nd, 2019 at 311.1

short term down 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).

-75
Smart Scan Analysis for ZM.K21
Strong Downtrend Sideways 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
Expiration2021-05-14Open Time20:00
Close Time14:20
Want to analyze SOYBEAN MEAL May 2021 ZM.K21 or another symbol? Try our Free Future Trend Analysis Report.