Analyze Symbol

Future Trend Analysis Report

Prepared for you on Wednesday, September 20, 2017.

SOYBEAN OIL Mar 2018 (E) (CBOT:ZL.H18.E)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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.H18.E
Open High Low ZL.H18.E Price Change
35.23 35.35 35.03 35.10 -0.06
Entry Signal

MarketClub’s Trade Triangles for ZL.H18.E

long term up The long term trend has been UP since Jul 2nd, 2017 at 34.12

intermediate term down The intermediate term trend has been DOWN since Sep 19th, 2017 at 34.78

short term up The short term trend has been UP since Sep 20th, 2017 at 35.32

Smart Scan Analysis for ZL.H18.E

Based on a pre-defined weighted trend formula for chart analysis, ZL.H18.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for ZL.H18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.23 35.35 35.03 35.10 -0.06
Prev. Close Volume Bid Ask Time
35.17 4602 2017-09-20 14:06:32
Contract High37.64Contract High Date2016-12-07
Contract Low31.5Contract Low Date2016-07-25
Estimated Volume585First Delivery2018-03-29
Expiration2018-03-14Open Time20:00
Close Time14:20
Want to analyze SOYBEAN OIL Mar 2018 (E) ZL.H18.E or another symbol? Try our Free Future Trend Analysis Report.