Future Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
SOYBEAN OIL TAS Jul 2020 (CBOT:ZLT.N20)
Bull Market Weakness (+75) - ZLT.N20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZLT.N20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ZLT.N20?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZLT.N20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZLT.N20
The long-term trend has been UP since May 8th, 2020 at 0.01
The intermediate-term trend has been UP since May 8th, 2020 at 0.01
The short-term trend has been UP since May 14th, 2020 at 0.01
Smart Scan Analysis for ZLT.N20
Based on our trend formula, ZLT.N20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).