Analyze Symbol

Future Trend Analysis Report

Prepared for you on Sunday, April 21, 2019.

SOYBEAN OIL Dec 2020 (CBOT:ZL.Z20)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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
31.50 31.53 31.50 31.51 +0.08
Entry Signal

MarketClub’s Trade Triangles for ZL.Z20

long term down The long term trend has been DOWN since Apr 1st, 2019 at 31.08

intermediate term up The intermediate term trend has been UP since Apr 17th, 2019 at 31.64

short term down The short term trend has been DOWN since Apr 17th, 2019 at 31.31

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
31.50 31.53 31.50 31.51 +0.08
Prev. Close Volume Bid Ask Time
32.06 3 2019-04-21 20:34:13
First Delivery2020-12-31Expiration2020-12-14
Open Time20:00Close Time14:20
Want to analyze SOYBEAN OIL Dec 2020 ZL.Z20 or another symbol? Try our Free Future Trend Analysis Report.