Analyze Symbol

Future Trend Analysis Report

Prepared for you on Monday, August 20, 2018.

SOYBEAN OIL May 2019 (E) (CBOT:ZL.K19.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.

Open High Low ZL.K19.E Price Change
29.56 29.74 29.56 29.74 +0.35
Entry Signal

MarketClub’s Trade Triangles for ZL.K19.E

long term down The long term trend has been DOWN since Dec 6th, 2017 at 33.46

intermediate term down The intermediate term trend has been DOWN since Jun 6th, 2018 at 32.19

short term up The short term trend has been UP since Aug 17th, 2018 at 29.50

Smart Scan Analysis for ZL.K19.E

Based on a pre-defined weighted trend formula for chart analysis, ZL.K19.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for ZL.K19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.56 29.74 29.56 29.74 +0.35
Prev. Close Volume Bid Ask Time
29.47 334 2018-08-20 02:40:58
Contract High36.35Contract High Date2017-09-05
Contract Low28.86Contract Low Date2018-07-13
Estimated Volume2463First Delivery2019-05-31
Expiration2019-05-14Open Time20:00
Close Time14:20
Want to analyze SOYBEAN OIL May 2019 (E) ZL.K19.E or another symbol? Try our Free Future Trend Analysis Report.