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Future Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

SOYBEAN MEAL Aug 2020 (CBOT:ZM.Q20)

Long-Term Uptrend (+90) - ZM.Q20 is in a strong uptrend that is likely to continue. While ZM.Q20 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
313.9 317.8 313.9 315.9 +1.8
Entry Signal

MarketClub’s Trade Triangles for ZM.Q20

long term up The long-term trend has been UP since Mar 23rd, 2020 at 315.6

intermediate term up The intermediate-term trend has been UP since Mar 23rd, 2020 at 314.6

short term up The short-term trend has been UP since Mar 19th, 2020 at 300.3

Smart Scan Analysis for ZM.Q20

Based on our trend formula, ZM.Q20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for ZM.Q20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
313.9 317.8 313.9 315.9 +1.8
Prev. Close Volume Bid Ask Time
313.9 466 2020-03-30 05:57:49
First Delivery2020-09-02Expiration2020-08-14
Open Time20:00Close Time14:20
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