Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Saturday, May 15, 2021.

SOYBEAN OIL Sep 2022 (CBOT:ZL.U22)

Strong Uptrend (+100) - ZL.U22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZL.U22 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid ZL.U22?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZL.U22.

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

CBOT_ZL.U22
Open High Low ZL.U22 Price Change
53.8 54.5 53.8 54.4 +1.2
Entry Signal

MarketClub’s Trade Triangles for ZL.U22

long term up The long-term trend has been UP since Oct 27th, 2020 at 31.80

intermediate term up The intermediate-term trend has been UP since Apr 20th, 2021 at 45.25

short term up The short-term trend has been UP since Mar 31st, 2021 at 43.93

Smart Scan Analysis for ZL.U22

Based on our trend formula, ZL.U22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for ZL.U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
53.8 54.5 53.8 54.4 +1.2
Prev. Close Volume Bid Ask Time
54.5 108 2021-05-14 14:13:47
Expiration2022-09-14Open Time20:00
Close Time14:20
Get a free daily analysis and signals for SOYBEAN OIL Sep 2022 (ZL.U22) - Request Your Free Report.