Future Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
SOYBEAN OIL TAS Jul 2022 (CBOT:ZLT.N22)
Bear Market Rally (-75) - ZLT.N22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZLT.N22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ZLT.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZLT.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZLT.N22
The long-term trend has been DOWN since Mar 18th, 2022 at -0.02
The intermediate-term trend has been DOWN since Apr 25th, 2022 at -0.01
The short-term trend has been DOWN since May 9th, 2022 at -0.01
Smart Scan Analysis for ZLT.N22
Based on our trend formula, ZLT.N22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).