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Future Trend Analysis Report

Prepared for you on Wednesday, August 12, 2020.

SOYBEAN MEAL Sep 2021 (CBOT:ZM.U21)

Weak Downtrend (-65) - ZM.U21 is showing signs of a strengthening downtrend. Monitor ZM.U21 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid ZM.U21?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.U21.

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

CBOT_ZM.U21
Open High Low ZM.U21 Price Change
297.8 297.8 297.8 297.8 -0.2
Entry Signal

MarketClub’s Trade Triangles for ZM.U21

long term up The long-term trend has been UP since Jul 1st, 2020 at 303.7

intermediate term down The intermediate-term trend has been DOWN since Aug 7th, 2020 at 296.5

short term down The short-term trend has been DOWN since Aug 3rd, 2020 at 299.6

Smart Scan Analysis for ZM.U21

Based on our trend formula, ZM.U21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for ZM.U21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
297.8 297.8 297.8 297.8 -0.2
Prev. Close Volume Bid Ask Time
299.5 1 2020-08-11 20:00:30
Expiration2021-09-14Open Time20:00
Close Time14:20
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