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Spread Trend Analysis Report

Prepared for you on Thursday, January 27, 2022.

SOYBEANS Nov 2023/Nov 2024 Spread (CBOT:ZS.X23_X24)

Long-Term Downtrend (-90) - ZS.X23_X24 is in a strong downtrend that is likely to continue. While ZS.X23_X24 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.X23_X24?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZS.X23_X24.

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

CBOT_ZS.X23_X24
Open High Low ZS.X23_X24 Price Change
63.75 63.75 62.00 62.00 -0.50
Entry Signal

MarketClub’s Trade Triangles for ZS.X23_X24

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_X24

Based on our trend formula, ZS.X23_X24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ZS.X23_X24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
63.75 63.75 62.00 62.00 -0.50
Prev. Close Volume Bid Ask Time
57.00 6 2022-01-27 13:17:46
Open Time20:00Close Time14:20
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