Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Wednesday, October 21, 2020.

SOYBEAN MEAL Oct 2021 (CBOT:ZM.V21)

Long-Term Uptrend (+90) - ZM.V21 is in a strong uptrend that is likely to continue. While ZM.V21 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.V21?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.V21.

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

CBOT_ZM.V21
Open High Low ZM.V21 Price Change
326.6 330.5 326.5 328.3 +2.0
Entry Signal

MarketClub’s Trade Triangles for ZM.V21

long term up The long-term trend has been UP since Jul 1st, 2020 at 302.2

intermediate term up The intermediate-term trend has been UP since Aug 13th, 2020 at 303.7

short term up The short-term trend has been UP since Oct 14th, 2020 at 326.9

Smart Scan Analysis for ZM.V21

Based on our trend formula, ZM.V21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for ZM.V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
326.6 330.5 326.5 328.3 +2.0
Prev. Close Volume Bid Ask Time
316.4 303 2020-10-21 14:17:14
Expiration2021-10-14Open Time20:00
Close Time14:20
Get a free daily analysis and signals for SOYBEAN MEAL Oct 2021 (ZM.V21) - Request Your Free Report.