September 24th report:
1. Mean Deviation Change Table
| Type of Average Difference | Today’s Value (2026.09.23) | Yesterday’s Value (2026.09.22) | Direction of Change |
|---|---|---|---|
| 5-Day Average Difference | -280.00 | -120.00 | - |
| 10-Day Average Difference | -55.00 | 0.00 | - |
| 20-Day Average Difference | 32.50 | 60.00 | - |
2. Signal Status Judgment
Clearly identify a downtrend signal
3. Trend Direction Conclusion
The current price trend of formic acid is clearly declining. The reason is that the changes in the 5-day, 10-day, and 20-day moving averages compared to the previous day are all negative, which meets the criteria for a clear downward signal.
4. Positional Spatial Reference
Formic acid 1-year cycle price is at the 1st level (low position), with limited room for decline; 60-day and 3-month cycle prices are at the 2nd level (medium-low position), with some potential for a short-term rebound.
5. Trend Chart Display
Risk Warning
The above analysis is for reference only and does not constitute trading advice.