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Spread Trend Analysis Report

Prepared for you on Monday, November 29, 2021.

SOYBEAN MEAL Jul 2022/Oct 2022 Spread (CBOT:ZM.N22_V22)

Long-Term Downtrend (-90) - ZM.N22_V22 is in a strong downtrend that is likely to continue. While ZM.N22_V22 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.N22_V22?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.N22_V22.

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

CBOT_ZM.N22_V22
Open High Low ZM.N22_V22 Price Change
4.1 4.1 3.8 3.8 +0.7
Entry Signal

MarketClub’s Trade Triangles for ZM.N22_V22

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.N22_V22

Based on our trend formula, ZM.N22_V22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ZM.N22_V22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.1 4.1 3.8 3.8 +0.7
Prev. Close Volume Bid Ask Time
3.1 3 2021-11-29 10:47:00
Open Time20:00Close Time14:20
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