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Spread Trend Analysis Report

Prepared for you on Thursday, January 27, 2022.

SOYBEAN MEAL Aug 2023/Sep 2023 Spread (CBOT:ZM.Q23_U23)

Strong Downtrend (-100) - ZM.Q23_U23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZM.Q23_U23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ZM.Q23_U23?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.Q23_U23.

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

CBOT_ZM.Q23_U23
Open High Low ZM.Q23_U23 Price Change
3.6 3.6 3.6 3.5 +0.7
Entry Signal

MarketClub’s Trade Triangles for ZM.Q23_U23

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.Q23_U23

Based on our trend formula, ZM.Q23_U23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for ZM.Q23_U23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.6 3.6 3.6 3.5 +0.7
Prev. Close Volume Bid Ask Time
3.1 3 2022-01-25 17:28:47
Open Time20:00Close Time14:20
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