Future Trend Analysis Report
Prepared for you on Wednesday, February 20, 2019.
SOYBEAN OIL Mar 2019 (CBOT:ZL.H19)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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.
MarketClub’s Trade Triangles for ZL.H19
The long term trend has been UP since Jan 31st, 2019 at 30.50
The intermediate term trend has been UP since Jan 18th, 2019 at 28.77
The short term trend has been UP since Feb 18th, 2019 at 30.06
Smart Scan Analysis for ZL.H19
Based on a pre-defined weighted trend formula for chart analysis, ZL.H19 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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