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Future Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

SOYBEAN OIL Mar 2020 (CBOT:ZL.H20)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

CBOT_ZL.H20
Open High Low ZL.H20 Price Change
30.72 31.02 30.53 30.55 -0.21
Entry Signal

MarketClub’s Trade Triangles for ZL.H20

long term down The long term trend has been DOWN since Feb 3rd, 2020 at 29.88

intermediate term down The intermediate term trend has been DOWN since Jan 15th, 2020 at 33.80

short term up The short term trend has been UP since Feb 14th, 2020 at 31.00

Smart Scan Analysis for ZL.H20

Based on a pre-defined weighted trend formula for chart analysis, ZL.H20 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for ZL.H20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.72 31.02 30.53 30.55 -0.21
Prev. Close Volume Bid Ask Time
33.95 36154 2020-02-14 14:19:57
First Delivery2020-03-31Expiration2020-03-13
Open Time20:00Close Time14:20
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