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Future Trend Analysis Report

Prepared for you on Wednesday, June 23, 2021.

SOYBEAN MEAL Oct 2022 (CBOT:ZM.V22)

Long-Term Downtrend (-90) - ZM.V22 is in a strong downtrend that is likely to continue. While ZM.V22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ZM.V22?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.V22.

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

CBOT_ZM.V22
Open High Low ZM.V22 Price Change
339.0 342.1 339.0 342.1 +2.1
Entry Signal

MarketClub’s Trade Triangles for ZM.V22

long term down The long-term trend has been DOWN since Jun 17th, 2021 at 344.0

intermediate term down The intermediate-term trend has been DOWN since May 12th, 2021 at 361.3

short term down The short-term trend has been DOWN since Jun 3rd, 2021 at 363.3

Smart Scan Analysis for ZM.V22

Based on our trend formula, ZM.V22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ZM.V22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
339.0 342.1 339.0 342.1 +2.1
Prev. Close Volume Bid Ask Time
340.0 9 2021-06-23 05:21:14
Expiration2022-10-14Open Time20:00
Close Time14:20
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