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Future Trend Analysis Report

Prepared for you on Sunday, August 25, 2019.

SOYBEAN OIL Dec 2020 (CBOT:ZL.Z20)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.

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
30.49 30.49 30.19 30.38 -0.08
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 up The intermediate term trend has been UP since Aug 8th, 2019 at 30.78

short term down The short term trend has been DOWN since Aug 19th, 2019 at 30.82

Smart Scan Analysis for ZL.Z20

Based on a pre-defined weighted trend formula for chart analysis, ZL.Z20 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for ZL.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.49 30.49 30.19 30.38 -0.08
Prev. Close Volume Bid Ask Time
29.78 275 2019-08-23 14:14:31
First Delivery2020-12-31Expiration2020-12-14
Open Time20:00Close Time14:20
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