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Spread Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

SOYBEAN MEAL Mar 2023/May 2023 Spread (CBOT:ZM.H23_K23)

Strong Downtrend (-100) - ZM.H23_K23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZM.H23_K23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ZM.H23_K23?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.H23_K23.

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

CBOT_ZM.H23_K23
Open High Low ZM.H23_K23 Price Change
3.5 3.5 3.3 3.3 -0.3
Entry Signal

MarketClub’s Trade Triangles for ZM.H23_K23

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 ZM.H23_K23

Based on our trend formula, ZM.H23_K23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for ZM.H23_K23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.5 3.5 3.3 3.3 -0.3
Prev. Close Volume Bid Ask Time
3.6 92 2022-08-19 07:49:52
Open Time20:00Close Time14:20
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