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Spread Trend Analysis Report

Prepared for you on Tuesday, June 28, 2022.

SOYBEANS Aug 2023/Sep 2023 Spread (CBOT:ZS.Q23_U23)

Long-Term Downtrend (-90) - ZS.Q23_U23 is in a strong downtrend that is likely to continue. While ZS.Q23_U23 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.Q23_U23?

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

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

CBOT_ZS.Q23_U23
Open High Low ZS.Q23_U23 Price Change
46.50 46.50 46.25 46.25 +3.25
Entry Signal

MarketClub’s Trade Triangles for ZS.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 ZS.Q23_U23

Based on our trend formula, ZS.Q23_U23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ZS.Q23_U23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
46.50 46.50 46.25 46.25 +3.25
Prev. Close Volume Bid Ask Time
46.25 6 2022-06-24 12:30:40
Open Time20:00Close Time14:20
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