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Future Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

SOYBEAN MEAL Dec 2022 (CBOT:ZM.Z22)

Sidelines Mode (+55) - ZM.Z22 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.Z22?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.Z22.

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

CBOT_ZM.Z22
Open High Low ZM.Z22 Price Change
400.8 403.3 399.1 399.1 -2.0
Entry Signal

MarketClub’s Trade Triangles for ZM.Z22

long term up The long-term trend has been UP since Jul 27th, 2022 at 427.3

intermediate term up The intermediate-term trend has been UP since Jul 10th, 2022 at 408.1

short term down The short-term trend has been DOWN since Aug 15th, 2022 at 407.6

Smart Scan Analysis for ZM.Z22

Based on our trend formula, ZM.Z22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ZM.Z22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
400.8 403.3 399.1 399.1 -2.0
Prev. Close Volume Bid Ask Time
401.1 3077 2022-08-18 04:35:34
Expiration2022-12-14Open Time20:00
Close Time14:20
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