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Future Trend Analysis Report

Prepared for you on Wednesday, November 25, 2020.

SOYBEAN OIL May 2021 (CBOT:ZL.K21)

Bull Market Weakness (+75) - ZL.K21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZL.K21 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid ZL.K21?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZL.K21.

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

CBOT_ZL.K21
Open High Low ZL.K21 Price Change
37.84 37.91 37.37 37.37 -0.43
Entry Signal

MarketClub’s Trade Triangles for ZL.K21

long term up The long-term trend has been UP since Jul 8th, 2020 at 30.00

intermediate term up The intermediate-term trend has been UP since Nov 4th, 2020 at 34.13

short term down The short-term trend has been DOWN since Nov 25th, 2020 at 37.60

Smart Scan Analysis for ZL.K21

Based on our trend formula, ZL.K21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for ZL.K21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
37.84 37.91 37.37 37.37 -0.43
Prev. Close Volume Bid Ask Time
34.01 12627 2020-11-25 14:19:21
Expiration2021-05-14Open Time20:00
Close Time14:20
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