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Future Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

SOYBEAN MEAL Dec 2020 (CBOT:ZM.Z20)

Sidelines Mode (+55) - ZM.Z20 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.Z20?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.Z20.

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

CBOT_ZM.Z20
Open High Low ZM.Z20 Price Change
389.8 389.8 389.6 389.6 0.0
Entry Signal

MarketClub’s Trade Triangles for ZM.Z20

long term up The long-term trend has been UP since Aug 28th, 2020 at 308.1

intermediate term up The intermediate-term trend has been UP since Aug 17th, 2020 at 301.3

short term down The short-term trend has been DOWN since Nov 30th, 2020 at 394.5

Smart Scan Analysis for ZM.Z20

Based on our trend formula, ZM.Z20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ZM.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
389.8 389.8 389.6 389.6 0.0
Prev. Close Volume Bid Ask Time
386.1 62 2020-12-02 20:01:34
First Delivery2021-01-04Expiration2020-12-14
Open Time20:00Close Time14:20
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