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Future Trend Analysis Report

Prepared for you on Saturday, January 18, 2020.

SOYBEAN OIL Dec 2020 (CBOT:ZL.Z20)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CBOT_ZL.Z20
Open High Low ZL.Z20 Price Change
34.16 34.45 33.85 34.31 +0.21
Entry Signal

MarketClub’s Trade Triangles for ZL.Z20

long term up The long term trend has been UP since Aug 8th, 2019 at 30.78

intermediate term down The intermediate term trend has been DOWN since Jan 14th, 2020 at 34.69

short term up The short term trend has been UP since Jan 10th, 2020 at 35.75

Smart Scan Analysis for ZL.Z20

Based on a pre-defined weighted trend formula for chart analysis, ZL.Z20 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for ZL.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
34.16 34.45 33.85 34.31 +0.21
Prev. Close Volume Bid Ask Time
34.94 3651 2020-01-17 14:19:54
First Delivery2020-12-31Expiration2020-12-14
Open Time20:00Close Time14:20
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