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Future Trend Analysis Report
Prepared for you on Monday, October 2, 2023.
SOYBEANS May 2024 (CBOT:ZS.K24)
Weak Downtrend (-65) - ZS.K24 is showing signs of a strengthening downtrend. Monitor ZS.K24 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ZS.K24?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZS.K24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ZS.K24
The long-term trend has been UP since Jul 3rd, 2023 at 1352.75
The intermediate-term trend has been DOWN since Sep 17th, 2023 at 1369.50
The short-term trend has been DOWN since Sep 29th, 2023 at 1336.75
Smart Scan Analysis for ZS.K24
Based on our trend formula, ZS.K24 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1326.50 | 1328.00 | 1319.75 | 1320.50 | -5.50 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1326.00 | 667 | 2023-10-02 22:55:18 |
| Expiration | 2024-05-14 | Open Time | 20:00 |
| Close Time | 14:20 |
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