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Spread Trend Analysis Report

Prepared for you on Wednesday, July 6, 2022.

SOYBEAN MEAL Aug 2022/Jan 2023 Spread (CBOT:ZM.Q22_F23)

Weak Downtrend (-65) - ZM.Q22_F23 is showing signs of a strengthening downtrend. Monitor ZM.Q22_F23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid ZM.Q22_F23?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.Q22_F23.

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

CBOT_ZM.Q22_F23
Open High Low ZM.Q22_F23 Price Change
32.3 32.6 31.6 32.0 +0.3
Entry Signal

MarketClub’s Trade Triangles for ZM.Q22_F23

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.Q22_F23

Based on our trend formula, ZM.Q22_F23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for ZM.Q22_F23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.3 32.6 31.6 32.0 +0.3
Prev. Close Volume Bid Ask Time
31.7 10 2022-07-06 05:38:35
Open Time20:00Close Time14:20
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