Free Daily Analysis
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for ZM.Q22_V22
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
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
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 Time | 20:00 | Close Time | 14:20 |
Get a free daily analysis and signals for SOYBEAN MEAL Aug 2022/Oct 2022 Spread (ZM.Q22_V22) - Request Your Free Report.