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Future Trend Analysis Report

Prepared for you on Sunday, June 26, 2022.

SOYBEAN MEAL Oct 2023 (CBOT:ZM.V23)

Sidelines Mode (+55) - ZM.V23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ZM.V23?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.V23.

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

CBOT_ZM.V23
Open High Low ZM.V23 Price Change
366.0 369.7 362.4 362.3 -2.4
Entry Signal

MarketClub’s Trade Triangles for ZM.V23

long term up The long-term trend has been UP since Dec 29th, 2021 at 334.0

intermediate term up The intermediate-term trend has been UP since May 31st, 2022 at 383.4

short term down The short-term trend has been DOWN since Jun 23rd, 2022 at 362.0

Smart Scan Analysis for ZM.V23

Based on our trend formula, ZM.V23 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ZM.V23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
366.0 369.7 362.4 362.3 -2.4
Prev. Close Volume Bid Ask Time
362.4 105 2022-06-24 13:46:01
Expiration2023-10-13Open Time20:00
Close Time14:20
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