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Spread Trend Analysis Report

Prepared for you on Sunday, July 5, 2020.

SOYBEAN MEAL Jul 2020/Sep 2020 Spread (CBOT:ZM.N20_U20)

Long-Term Downtrend (-90) - ZM.N20_U20 is in a strong downtrend that is likely to continue. While ZM.N20_U20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ZM.N20_U20?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.N20_U20.

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

CBOT_ZM.N20_U20
Open High Low ZM.N20_U20 Price Change
-4.8 -4.8 -5.1 -5.0 +0.3
Entry Signal

MarketClub’s Trade Triangles for ZM.N20_U20

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.N20_U20

Based on our trend formula, ZM.N20_U20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ZM.N20_U20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-4.8 -4.8 -5.1 -5.0 +0.3
Prev. Close Volume Bid Ask Time
-4.4 30 2020-07-02 12:28:39
Open Time20:00Close Time14:20
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