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Future Trend Analysis Report

Prepared for you on Sunday, January 29, 2023.

SOYBEAN MEAL Aug 2023 (CBOT:ZM.Q23)

Weak Downtrend (-65) - ZM.Q23 is showing signs of a strengthening downtrend. Monitor ZM.Q23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid ZM.Q23?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.Q23.

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

CBOT_ZM.Q23
Open High Low ZM.Q23 Price Change
435.0 437.3 431.4 433.3 -2.1
Entry Signal

MarketClub’s Trade Triangles for ZM.Q23

long term up The long-term trend has been UP since Jul 29th, 2022 at 403.0

intermediate term down The intermediate-term trend has been DOWN since Jan 20th, 2023 at 431.0

short term down The short-term trend has been DOWN since Jan 25th, 2023 at 425.8

Smart Scan Analysis for ZM.Q23

Based on our trend formula, ZM.Q23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for ZM.Q23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
435.0 437.3 431.4 433.3 -2.1
Prev. Close Volume Bid Ask Time
435.4 2066 2023-01-27 14:19:42
Expiration2023-08-14Open Time20:00
Close Time14:20
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