Future Trend Analysis Report
Prepared for you on Tuesday, April 13, 2021.
SOYBEAN OIL Aug 2022 (CBOT:ZL.Q22)
Bull Market Weakness (+75) - ZL.Q22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZL.Q22 as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for ZL.Q22
The long-term trend has been UP since Nov 19th, 2020 at 31.8
The intermediate-term trend has been UP since Apr 7th, 2021 at 45.1
The short-term trend has been UP since Apr 7th, 2021 at 44.9
Smart Scan Analysis for ZL.Q22
Based on our trend formula, ZL.Q22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).