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.
MarketClub’s Trade Triangles for ZS.X23_X24
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.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).
|Open Time||20:00||Close Time||14:20|