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Future Trend Analysis Report

Prepared for you on Friday, April 19, 2019.

SOYBEAN MEAL Aug 2020 (CBOT:ZM.Q20)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.Q20
Open High Low ZM.Q20 Price Change
317.8 318.0 315.9 315.9 -1.3
Entry Signal

MarketClub’s Trade Triangles for ZM.Q20

long term down The long term trend has been DOWN since Mar 1st, 2019 at 321.3

intermediate term down The intermediate term trend has been DOWN since Apr 17th, 2019 at 317.8

short term down The short term trend has been DOWN since Apr 11th, 2019 at 322.9

Smart Scan Analysis for ZM.Q20

Based on a pre-defined weighted trend formula for chart analysis, ZM.Q20 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for ZM.Q20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
317.8 318.0 315.9 315.9 -1.3
Prev. Close Volume Bid Ask Time
325 123 2019-04-18 14:14:06
First Delivery2020-09-02Expiration2020-08-14
Open Time20:00Close Time14:20
Want to analyze SOYBEAN MEAL Aug 2020 ZM.Q20 or another symbol? Try our Free Future Trend Analysis Report.