
Spread Trend Analysis Report
Prepared for you on Monday, June 27, 2022.
SOYBEAN OIL Sep 2022/Jul 2023 Spread (CBOT:ZL.U22_N23)
Strong Downtrend (-100) - ZL.U22_N23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZL.U22_N23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZL.U22_N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZL.U22_N23.
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 ZL.U22_N23
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for ZL.U22_N23
Based on our trend formula, ZL.U22_N23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Open | High | Low | Price | Change |
---|---|---|---|---|
1.68 | 1.68 | 1.68 | 2.17 | -0.50 |
Prev. Close | Volume | Bid | Ask | Time |
2.17 | 1 | 2022-06-23 14:12:35 |
Open Time | 20:00 | Close Time | 14:20 |