Analyze Symbol

Future Trend Analysis Report

Prepared for you on Thursday, April 26, 2018.

SOYBEAN OIL Jul 2018 (E) (CBOT:ZL.N18.E)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.N18.E
Open High Low ZL.N18.E Price Change
31.06 31.09 31.03 31.04 -0.05
Entry Signal

MarketClub’s Trade Triangles for ZL.N18.E

long term down The long term trend has been DOWN since Dec 21st, 2017 at 33.14

intermediate term down The intermediate term trend has been DOWN since Apr 9th, 2018 at 31.60

short term down The short term trend has been DOWN since Apr 16th, 2018 at 31.67

Smart Scan Analysis for ZL.N18.E

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

-100
Smart Scan Analysis for ZL.N18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.06 31.09 31.03 31.04 -0.05
Prev. Close Volume Bid Ask Time
31.05 1417 2018-04-26 22:38:48
Contract High37.09Contract High Date2016-11-23
Contract Low30.99Contract Low Date2018-04-25
Estimated Volume71720First 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.