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Future Trend Analysis Report

Prepared for you on Saturday, July 31, 2021.

SOYBEAN MEAL Jul 2023 (CBOT:ZM.N23)

Crossroads (-60) - ZM.N23 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.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
340.4 340.4 340.4 339.0 +3.0
Entry Signal

MarketClub’s Trade Triangles for ZM.N23

long term up The long-term trend has been UP since Jun 21st, 2021 at 346.0

intermediate term down The intermediate-term trend has been DOWN since Jul 27th, 2021 at 345.6

short term down The short-term trend has been DOWN since Jul 27th, 2021 at 345.6

Smart Scan Analysis for ZM.N23

Based on our trend formula, ZM.N23 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for ZM.N23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
340.4 340.4 340.4 339.0 +3.0
Prev. Close Volume Bid Ask Time
340.4 27 2021-07-27 17:28:49
Expiration2023-07-14Open Time20:00
Close Time14:20
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