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Spread Trend Analysis Report

Prepared for you on Thursday, August 11, 2022.

SOYBEAN MEAL Aug 2022/Oct 2022 Spread (CBOT:ZM.Q22_V22)

Weak Downtrend (-65) - ZM.Q22_V22 is showing signs of a strengthening downtrend. Monitor ZM.Q22_V22 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid ZM.Q22_V22?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.Q22_V22.

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

CBOT_ZM.Q22_V22
Open High Low ZM.Q22_V22 Price Change
101.6 101.6 101.5 103.2 +2.5
Entry Signal

MarketClub’s Trade Triangles for ZM.Q22_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.Q22_V22

Based on our trend formula, ZM.Q22_V22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for ZM.Q22_V22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
101.6 101.6 101.5 103.2 +2.5
Prev. Close Volume Bid Ask Time
101.5 6 2022-08-10 17:28:48
Open Time20:00Close Time14:20
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