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Spread Trend Analysis Report

Prepared for you on Thursday, December 9, 2021.

SOYBEAN OIL Mar 2022/Aug 2022 Spread (CBOT:ZL.H22_Q22)

Strong Downtrend (-100) - ZL.H22_Q22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ZL.H22_Q22?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZL.H22_Q22.

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CBOT_ZL.H22_Q22
Open High Low ZL.H22_Q22 Price Change
0.16 0.16 0.07 0.08 -0.08
Entry Signal

MarketClub’s Trade Triangles for ZL.H22_Q22

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for ZL.H22_Q22

Based on our trend formula, ZL.H22_Q22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for ZL.H22_Q22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.16 0.16 0.07 0.08 -0.08
Prev. Close Volume Bid Ask Time
0.16 8 2021-12-09 04:18:49
Open Time20:00Close Time14:20
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