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Future Trend Analysis Report

Prepared for you on Saturday, January 19, 2019.

SOYBEAN OIL Jan 2019 (CBOT:ZL.F19)

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.F19
Open High Low ZL.F19 Price Change
28.10 28.16 28.10 28.16 +0.22
Entry Signal

MarketClub’s Trade Triangles for ZL.F19

long term down The long term trend has been DOWN since Nov 20th, 2018 at 27.37

intermediate term down The intermediate term trend has been DOWN since Dec 23rd, 2018 at 27.80

short term down The short term trend has been DOWN since Jan 10th, 2019 at 28.01

Smart Scan Analysis for ZL.F19

Based on a pre-defined weighted trend formula for chart analysis, ZL.F19 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for ZL.F19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.10 28.16 28.10 28.16 +0.22
Prev. Close Volume Bid Ask Time
28.26 363 2019-01-11 13:27:29
First Delivery2019-01-31Expiration2019-01-14
Open Time20:00Close Time14:20
Want to analyze SOYBEAN OIL Jan 2019 ZL.F19 or another symbol? Try our Free Future Trend Analysis Report.