Analyze Symbol

Future Trend Analysis Report

Prepared for you on Thursday, May 25, 2017.

SOYBEAN OIL Jul 2017 (E) (CBOT:ZL.N17.E)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CBOT_ZL.N17.E
Open High Low ZL.N17.E Price Change
32.28 32.51 32.27 32.44 +0.16
Entry Signal

MarketClub’s Trade Triangles for ZL.N17.E

long term down The long term trend has been DOWN since Feb 17th, 2017 at 33.89

intermediate term up The intermediate term trend has been UP since Apr 23rd, 2017 at 32.38

short term down The short term trend has been DOWN since May 23rd, 2017 at 32.41

Smart Scan Analysis for ZL.N17.E

Based on a pre-defined weighted trend formula for chart analysis, ZL.N17.E scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for ZL.N17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.28 32.51 32.27 32.44 +0.16
Prev. Close Volume Bid Ask Time
32.32 5106 2017-05-25 06:22:43
Contract High38.76Contract High Date2016-12-07
Contract Low28.43Contract Low Date2015-08-26
Estimated Volume2591First Delivery2017-07-31
Expiration2017-07-14Open Time20:00
Close Time14:20
Want to analyze SOYBEAN OIL Jul 2017 (E) ZL.N17.E or another symbol? Try our Free Future Trend Analysis Report.