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Future Trend Analysis Report

Prepared for you on Friday, August 14, 2020.

SOYBEAN MEAL Aug 2020 (CBOT:ZM.Q20)

Bear Market Rally (-75) - ZM.Q20 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZM.Q20 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid ZM.Q20?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.Q20.

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

CBOT_ZM.Q20
Open High Low ZM.Q20 Price Change
285.3 286.3 285.3 286.2 +3.7
Entry Signal

MarketClub’s Trade Triangles for ZM.Q20

long term down The long-term trend has been DOWN since Apr 9th, 2020 at 296.8

intermediate term down The intermediate-term trend has been DOWN since Aug 4th, 2020 at 284.6

short term up The short-term trend has been UP since Aug 11th, 2020 at 283.8

Smart Scan Analysis for ZM.Q20

Based on our trend formula, ZM.Q20 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ZM.Q20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
285.3 286.3 285.3 286.2 +3.7
Prev. Close Volume Bid Ask Time
291.6 176 2020-08-13 17:28:37
First Delivery2020-09-02Expiration2020-08-14
Open Time20:00Close Time14:20
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