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Future Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
SOYBEAN MEAL Sep 2022 (CBOT:ZM.U22)
Weak Downtrend (-65) - ZM.U22 is showing signs of a strengthening downtrend. Monitor ZM.U22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ZM.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ZM.U22
The long-term trend has been DOWN since May 5th, 2022 at 403.8
The intermediate-term trend has been UP since Jun 30th, 2022 at 415.2
The short-term trend has been DOWN since Jul 1st, 2022 at 406.1
Smart Scan Analysis for ZM.U22
Based on our trend formula, ZM.U22 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-65
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 416.3 | 417.7 | 398.9 | 401.2 | -14.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 401.4 | 11365 | 2022-07-01 14:19:32 |
| Expiration | 2022-09-14 | Open Time | 20:00 |
| Close Time | 14:20 |
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