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Future Trend Analysis Report

Prepared for you on Saturday, November 16, 2019.

SOYBEAN MEAL Aug 2020 (CBOT:ZM.Q20)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
315.8 318.5 315.4 318.2 +3.6
Entry Signal

MarketClub’s Trade Triangles for ZM.Q20

long term down The long term trend has been DOWN since Sep 9th, 2019 at 308.3

intermediate term down The intermediate term trend has been DOWN since Nov 4th, 2019 at 317.5

short term up The short term trend has been UP since Nov 13th, 2019 at 316.4

Smart Scan Analysis for ZM.Q20

Based on a pre-defined weighted trend formula for chart analysis, ZM.Q20 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for ZM.Q20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
315.8 318.5 315.4 318.2 +3.6
Prev. Close Volume Bid Ask Time
322.5 328 2019-11-15 14:14:41
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.