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Future Trend Analysis Report

Prepared for you on Friday, May 24, 2019.

SOYBEAN OIL Aug 2020 (CBOT:ZL.Q20)

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.Q20
Open High Low ZL.Q20 Price Change
29.10 29.20 29.10 29.20 +0.31
Entry Signal

MarketClub’s Trade Triangles for ZL.Q20

long term down The long term trend has been DOWN since Apr 23rd, 2019 at 30.90

intermediate term down The intermediate term trend has been DOWN since Feb 19th, 2019 at 32.39

short term down The short term trend has been DOWN since May 22nd, 2019 at 29.24

Smart Scan Analysis for ZL.Q20

Based on a pre-defined weighted trend formula for chart analysis, ZL.Q20 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for ZL.Q20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.10 29.20 29.10 29.20 +0.31
Prev. Close Volume Bid Ask Time
31.63 13 2019-05-24 11:56:51
First Delivery2020-08-31Expiration2020-08-14
Open Time20:00Close Time14:20
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