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Future Trend Analysis Report

Prepared for you on Friday, July 1, 2022.

SOYBEAN OIL Aug 2022 (CBOT:ZL.Q22)

Strong Downtrend (-100) - ZL.Q22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZL.Q22 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ZL.Q22?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZL.Q22.

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

CBOT_ZL.Q22
Open High Low ZL.Q22 Price Change
67.00 67.01 65.05 65.20 -1.60
Entry Signal

MarketClub’s Trade Triangles for ZL.Q22

long term down The long-term trend has been DOWN since Jun 23rd, 2022 at 65.77

intermediate term down The intermediate-term trend has been DOWN since Jun 15th, 2022 at 76.24

short term down The short-term trend has been DOWN since Jun 30th, 2022 at 67.70

Smart Scan Analysis for ZL.Q22

Based on our trend formula, ZL.Q22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for ZL.Q22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
67.00 67.01 65.05 65.20 -1.60
Prev. Close Volume Bid Ask Time
66.80 17508 2022-07-01 13:06:24
Expiration2022-08-12Open Time20:00
Close Time14:20
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