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Future Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

SOYBEAN MEAL Dec 2021 (CBOT:ZM.Z21)

Countertrend Up (+85) - ZM.Z21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
381.0 381.8 375.4 378.5 -2.9
Entry Signal

MarketClub’s Trade Triangles for ZM.Z21

long term up The long-term trend has been UP since Jul 1st, 2020 at 303.3

intermediate term up The intermediate-term trend has been UP since Feb 22nd, 2021 at 378.5

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 380.5

Smart Scan Analysis for ZM.Z21

Based on our trend formula, ZM.Z21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for ZM.Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
381.0 381.8 375.4 378.5 -2.9
Prev. Close Volume Bid Ask Time
381.4 5701 2021-02-26 14:19:58
Expiration2021-12-14Open Time20:00
Close Time14:20
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