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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.
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MarketClub’s Trade Triangles for ZS.Q23_U23
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.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).
| 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 Time | 20:00 | Close Time | 14:20 |