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Spread Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

SOYBEANS Nov 2023/May 2024 Spread (CBOT:ZS.X23_K24)

Strong Downtrend (-100) - ZS.X23_K24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZS.X23_K24 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ZS.X23_K24?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZS.X23_K24.

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

CBOT_ZS.X23_K24
Open High Low ZS.X23_K24 Price Change
6.75 7.75 6.75 8.00 -1.50
Entry Signal

MarketClub’s Trade Triangles for ZS.X23_K24

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.X23_K24

Based on our trend formula, ZS.X23_K24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for ZS.X23_K24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.75 7.75 6.75 8.00 -1.50
Prev. Close Volume Bid Ask Time
7.75 4 2022-08-16 11:51:24
Open Time20:00Close Time14:20
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