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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.

CBOT_ZL.Q22
Open High Low ZL.Q22 Price Change
45.38 45.47 45.38 45.01 -0.32
Entry Signal

MarketClub’s Trade Triangles for ZL.Q22

long term up The long-term trend has been UP since Nov 19th, 2020 at 31.8

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2021 at 45.1

short term up 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).

+70
Smart Scan Analysis for ZL.Q22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
45.38 45.47 45.38 45.01 -0.32
Prev. Close Volume Bid Ask Time
45.47 7 2021-04-09 10:13:26
Expiration2022-08-12Open Time20:00
Close Time14:20
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