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Spread Trend Analysis Report

Prepared for you on Friday, May 14, 2021.

SOYBEAN MEAL Aug 2021/Dec 2021 Spread (CBOT:ZM.Q21_Z21)

Weak Downtrend (-65) - ZM.Q21_Z21 is showing signs of a strengthening downtrend. Monitor ZM.Q21_Z21 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid ZM.Q21_Z21?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.Q21_Z21.

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

CBOT_ZM.Q21_Z21
Open High Low ZM.Q21_Z21 Price Change
14.0 16.7 13.5 16.7 +2.7
Entry Signal

MarketClub’s Trade Triangles for ZM.Q21_Z21

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.Q21_Z21

Based on our trend formula, ZM.Q21_Z21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for ZM.Q21_Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.0 16.7 13.5 16.7 +2.7
Prev. Close Volume Bid Ask Time
14.0 40 2021-05-14 05:30:40
Open Time20:00Close Time14:20
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