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Future Trend Analysis Report

Prepared for you on Thursday, August 11, 2022.

SOYBEAN MEAL Jul 2023 (CBOT:ZM.N23)

Strong Uptrend (+100) - ZM.N23 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZM.N23 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
394.4 400.3 392.6 397.9 +5.0
Entry Signal

MarketClub’s Trade Triangles for ZM.N23

long term up The long-term trend has been UP since Jul 27th, 2022 at 409.5

intermediate term up The intermediate-term trend has been UP since Jul 27th, 2022 at 401.3

short term up The short-term trend has been UP since Aug 11th, 2022 at 396.3

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
394.4 400.3 392.6 397.9 +5.0
Prev. Close Volume Bid Ask Time
392.9 717 2022-08-11 12:46:34
Expiration2023-07-14Open Time20:00
Close Time14:20
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