Spread Trend Analysis Report
Prepared for you on Saturday, April 1, 2023.
SOYBEANS Jul 2023/Nov 2023 Spread (CBOT:ZS.N23_X23)
Weak Downtrend (-65) - ZS.N23_X23 is showing signs of a strengthening downtrend. Monitor ZS.N23_X23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ZS.N23_X23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZS.N23_X23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZS.N23_X23
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.N23_X23
Based on our trend formula, ZS.N23_X23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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