Free Daily Analysis
Future Trend Analysis Report
Prepared for you on Wednesday, March 29, 2023.
SOYBEANS May 2023 (CBOT:ZS.K23)
Bear Market Rally (-75) - ZS.K23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZS.K23 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ZS.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZS.K23.
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.K23
The long-term trend has been DOWN since Mar 23rd, 2023 at 1440.00
The intermediate-term trend has been DOWN since Feb 27th, 2023 at 1506.75
The short-term trend has been UP since Mar 27th, 2023 at 1432.25
Smart Scan Analysis for ZS.K23
Based on our trend formula, ZS.K23 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1466.00 | 1479.75 | 1462.50 | 1475.50 | +8.75 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1466.75 | 89958 | 2023-03-29 14:19:40 |
| Expiration | 2023-05-12 | Open Time | 20:00 |
| Close Time | 14:20 |