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Future Trend Analysis Report

Prepared for you on Tuesday, August 11, 2020.

SOYBEAN MEAL Jul 2021 (CBOT:ZM.N21)

Crossroads (-60) - ZM.N21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ZM.N21?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.N21.

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

CBOT_ZM.N21
Open High Low ZM.N21 Price Change
295.4 295.6 295.1 295.4 0.0
Entry Signal

MarketClub’s Trade Triangles for ZM.N21

long term up The long-term trend has been UP since Jul 1st, 2020 at 303.6

intermediate term down The intermediate-term trend has been DOWN since Aug 6th, 2020 at 295.5

short term down The short-term trend has been DOWN since Aug 3rd, 2020 at 298.7

Smart Scan Analysis for ZM.N21

Based on our trend formula, ZM.N21 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for ZM.N21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
295.4 295.6 295.1 295.4 0.0
Prev. Close Volume Bid Ask Time
299.4 49 2020-08-11 05:24:21
Expiration2021-07-14Open Time20:00
Close Time14:20
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