Future Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
SOYBEAN OIL TAS Dec 2022 (CBOT:ZLT.Z22)
Long-Term Downtrend (-90) - ZLT.Z22 is in a strong downtrend that is likely to continue. While ZLT.Z22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZLT.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZLT.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZLT.Z22
The long-term trend has been DOWN since Apr 12th, 2022 at -0.01
The intermediate-term trend has been DOWN since Jun 22nd, 2022 at -0.01
The short-term trend has been DOWN since May 20th, 2022 at 0.01
Smart Scan Analysis for ZLT.Z22
Based on our trend formula, ZLT.Z22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).