Analyze Symbol

Future Trend Analysis Report

Prepared for you on Tuesday, April 23, 2019.

SOYBEAN OIL Jul 2019 (CBOT:ZL.N19)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.

CBOT_ZL.N19
Open High Low ZL.N19 Price Change
28.97 29.05 28.94 28.94 -0.06
Entry Signal

MarketClub’s Trade Triangles for ZL.N19

long term up The long term trend has been UP since Jan 31st, 2019 at 31.04

intermediate term down The intermediate term trend has been DOWN since Mar 5th, 2019 at 30.35

short term down The short term trend has been DOWN since Apr 18th, 2019 at 28.75

Smart Scan Analysis for ZL.N19

Based on a pre-defined weighted trend formula for chart analysis, ZL.N19 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for ZL.N19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.97 29.05 28.94 28.94 -0.06
Prev. Close Volume Bid Ask Time
30.64 3319 2019-04-23 01:32:39
First Delivery2019-07-31Expiration2019-07-12
Open Time20:00Close Time14:20
Want to analyze SOYBEAN OIL Jul 2019 ZL.N19 or another symbol? Try our Free Future Trend Analysis Report.