Future Trend Analysis Report
Prepared for you on Friday, February 15, 2019.
SOYBEAN OIL Mar 2019 (CBOT:ZL.H19)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 DOWN since Feb 11th, 2019 at 30.46
Smart Scan Analysis for ZL.H19
Based on a pre-defined weighted trend formula for chart analysis, ZL.H19 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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