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Future Trend Analysis Report

Prepared for you on Tuesday, September 28, 2021.

SOYBEAN MEAL Dec 2021 (CBOT:ZM.Z21)

Long-Term Downtrend (-90) - ZM.Z21 is in a strong downtrend that is likely to continue. While ZM.Z21 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.Z21?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.Z21.

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

CBOT_ZM.Z21
Open High Low ZM.Z21 Price Change
339.7 340.8 337.8 339.2 -0.8
Entry Signal

MarketClub’s Trade Triangles for ZM.Z21

long term down The long-term trend has been DOWN since Jun 18th, 2021 at 367.7

intermediate term down The intermediate-term trend has been DOWN since Aug 23rd, 2021 at 350.0

short term down The short-term trend has been DOWN since Sep 20th, 2021 at 340.3

Smart Scan Analysis for ZM.Z21

Based on our trend formula, ZM.Z21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ZM.Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
339.7 340.8 337.8 339.2 -0.8
Prev. Close Volume Bid Ask Time
340.0 53989 2021-09-28 14:19:35
Expiration2021-12-14Open Time20:00
Close Time14:20
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