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Future Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

SOYBEAN MEAL Jul 2023 (CBOT:ZM.N23)

Strong Downtrend (-100) - ZM.N23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ZM.N23?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.N23.

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

CBOT_ZM.N23
Open High Low ZM.N23 Price Change
324.0 324.0 324.0 324.9 -0.5
Entry Signal

MarketClub’s Trade Triangles for ZM.N23

long term down The long-term trend has been DOWN since Aug 13th, 2021 at 340

intermediate term down The intermediate-term trend has been DOWN since Sep 28th, 2021 at 340

short term down The short-term trend has been DOWN since Oct 5th, 2021 at 338

Smart Scan Analysis for ZM.N23

Based on our trend formula, ZM.N23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for ZM.N23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
324.0 324.0 324.0 324.9 -0.5
Prev. Close Volume Bid Ask Time
324.0 2 2021-10-18 17:28:44
Expiration2023-07-14Open Time20:00
Close Time14:20
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