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Future Trend Analysis Report

Prepared for you on Friday, April 26, 2019.

SOYBEAN OIL May 2019 (CBOT:ZL.K19)

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.K19
Open High Low ZL.K19 Price Change
27.60 27.64 27.22 27.31 -0.33
Entry Signal

MarketClub’s Trade Triangles for ZL.K19

long term down The long term trend has been DOWN since Apr 23rd, 2019 at 28.34

intermediate term down The intermediate term trend has been DOWN since Mar 5th, 2019 at 30.01

short term down The short term trend has been DOWN since Apr 18th, 2019 at 28.43

Smart Scan Analysis for ZL.K19

Based on a pre-defined weighted trend formula for chart analysis, ZL.K19 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for ZL.K19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.60 27.64 27.22 27.31 -0.33
Prev. Close Volume Bid Ask Time
30.31 19999 2019-04-26 10:07:23
First Delivery2019-05-31Expiration2019-05-14
Open Time20:00Close Time14:20
Want to analyze SOYBEAN OIL May 2019 ZL.K19 or another symbol? Try our Free Future Trend Analysis Report.