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Future Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

SOYBEAN MEAL Oct 2024 (CBOT:ZM.V24)

Weak Downtrend (-65) - ZM.V24 is showing signs of a strengthening downtrend. Monitor ZM.V24 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid ZM.V24?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.V24.

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

CBOT_ZM.V24
Open High Low ZM.V24 Price Change
391.4 391.4 386.8 387.9 -2.8
Entry Signal

MarketClub’s Trade Triangles for ZM.V24

long term up The long-term trend has been UP since Jun 21st, 2023 at 387.4

intermediate term down The intermediate-term trend has been DOWN since Nov 27th, 2023 at 391.2

short term down The short-term trend has been DOWN since Nov 22nd, 2023 at 392.3

Smart Scan Analysis for ZM.V24

Based on our trend formula, ZM.V24 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for ZM.V24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
391.4 391.4 386.8 387.9 -2.8
Prev. Close Volume Bid Ask Time
387.9 462 2023-12-01 14:16:33
Expiration2024-10-14Open Time20:00
Close Time14:20
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