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Future Trend Analysis Report

Prepared for you on Sunday, November 18, 2018.

SOYBEAN OIL Mar 2020 (E) (CBOT:ZL.H20.E)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.

Open High Low ZL.H20.E Price Change
29.70 29.80 29.60 29.64 -0.25
Entry Signal

MarketClub’s Trade Triangles for ZL.H20.E

long term up The long term trend has been UP since Oct 2nd, 2018 at 31.65

intermediate term down The intermediate term trend has been DOWN since Oct 23rd, 2018 at 31.11

short term down The short term trend has been DOWN since Nov 16th, 2018 at 29.69

Smart Scan Analysis for ZL.H20.E

Based on a pre-defined weighted trend formula for chart analysis, ZL.H20.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for ZL.H20.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.70 29.80 29.60 29.64 -0.25
Prev. Close Volume Bid Ask Time
29.69 575 2018-11-16 14:15:32
Contract High33.58Contract High Date2017-12-20
Contract Low29.44Contract Low Date2018-09-19
Estimated Volume27First Delivery2020-03-31
Expiration2020-03-13Open Time20:00
Close Time14:20
Want to analyze SOYBEAN OIL Mar 2020 (E) ZL.H20.E or another symbol? Try our Free Future Trend Analysis Report.