Spread Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
SOYBEANS Jul 2021/Nov 2021 Spread (CBOT:ZS.N21_X21)
Long-Term Downtrend (-90) - ZS.N21_X21 is in a strong downtrend that is likely to continue. While ZS.N21_X21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZS.N21_X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZS.N21_X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZS.N21_X21
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 ZS.N21_X21
Based on our trend formula, ZS.N21_X21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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