Future Trend Analysis Report
Prepared for you on Wednesday, April 8, 2020.
SOYBEAN OIL TAS May 2020 (CBOT:ZLT.K20)
Long-Term Uptrend (+90) - ZLT.K20 is in a strong uptrend that is likely to continue. While ZLT.K20 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid ZLT.K20?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZLT.K20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZLT.K20
The long-term trend has been UP since Mar 18th, 2020 at 0.02
The intermediate-term trend has been UP since Mar 18th, 2020 at 0.02
The short-term trend has been UP since Mar 18th, 2020 at 0.01
Smart Scan Analysis for ZLT.K20
Based on our trend formula, ZLT.K20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).