Analyze Symbol

Future Trend Analysis Report

Prepared for you on Saturday, November 18, 2017.

SOYBEAN OIL Jul 2018 (E) (CBOT:ZL.N18.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.N18.E Price Change
35.31 35.38 34.92 35.18 -0.04
Entry Signal

MarketClub’s Trade Triangles for ZL.N18.E

long term up The long term trend has been UP since Jul 2nd, 2017 at 34.33

intermediate term down The intermediate term trend has been DOWN since Nov 15th, 2017 at 34.82

short term down The short term trend has been DOWN since Nov 12th, 2017 at 35.60

Smart Scan Analysis for ZL.N18.E

Based on a pre-defined weighted trend formula for chart analysis, ZL.N18.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for ZL.N18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.31 35.38 34.92 35.18 -0.04
Prev. Close Volume Bid Ask Time
35.23 4737 2017-11-17 14:14:17
Contract High37.09Contract High Date2016-11-23
Contract Low32.19Contract Low Date2017-06-05
Estimated Volume6358First Delivery2018-07-31
Expiration2018-07-13Open Time20:00
Close Time14:20
Want to analyze SOYBEAN OIL Jul 2018 (E) ZL.N18.E or another symbol? Try our Free Future Trend Analysis Report.