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Future Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

SOYBEAN OIL May 2020 (CBOT:ZL.K20)

Bull Market Weakness (+75) - ZL.K20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZL.K20 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid ZL.K20?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZL.K20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CBOT_ZL.K20
Open High Low ZL.K20 Price Change
26.87 27.25 26.78 27.13 +0.26
Entry Signal

MarketClub’s Trade Triangles for ZL.K20

long term down The long-term trend has been DOWN since Feb 3rd, 2020 at 30.25

intermediate term up The intermediate-term trend has been UP since Apr 6th, 2020 at 27.15

short term up The short-term trend has been UP since Apr 6th, 2020 at 26.62

Smart Scan Analysis for ZL.K20

Based on our trend formula, ZL.K20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for ZL.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26.87 27.25 26.78 27.13 +0.26
Prev. Close Volume Bid Ask Time
27.07 6022 2020-04-07 04:00:07
First Delivery2020-05-29Expiration2020-05-14
Open Time20:00Close Time14:20
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