Future Trend Analysis Report
Prepared for you on Saturday, July 31, 2021.
SOYBEAN OIL TAS Aug 2021 (CBOT:ZLT.Q21)
Sidelines Mode (-55) - ZLT.Q21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ZLT.Q21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZLT.Q21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZLT.Q21
The long-term trend has been DOWN since May 5th, 2021 at -0.01
The intermediate-term trend has been DOWN since Jun 11th, 2021 at -0.01
The short-term trend has been UP since Jul 22nd, 2021 at 0.01
Smart Scan Analysis for ZLT.Q21
Based on our trend formula, ZLT.Q21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).