Future Trend Analysis Report
Prepared for you on Saturday, June 19, 2021.
SOYBEAN OIL Sep 2021 (CBOT:ZL.U21)
Weak Downtrend (-65) - ZL.U21 is showing signs of a strengthening downtrend. Monitor ZL.U21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ZL.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZL.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZL.U21
The long-term trend has been UP since Jul 17th, 2020 at 30.30
The intermediate-term trend has been DOWN since Jun 16th, 2021 at 58.21
The short-term trend has been DOWN since Jun 11th, 2021 at 67.77
Smart Scan Analysis for ZL.U21
Based on our trend formula, ZL.U21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).