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Spread Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

SOYBEAN OIL Dec 2019/Jan 2020 Spread (CBOT:ZL.Z19_F20)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CBOT_ZL.Z19_F20
Open High Low ZL.Z19_F20 Price Change
-0.23 -0.22 -0.23 -0.22 0.00
Entry Signal

MarketClub’s Trade Triangles for ZL.Z19_F20

long term down The long term trend has been DOWN since at

intermediate term down The intermediate term trend has been DOWN since at

short term down The short term trend has been DOWN since at

Smart Scan Analysis for ZL.Z19_F20

Based on a pre-defined weighted trend formula for chart analysis, ZL.Z19_F20 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for ZL.Z19_F20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.23 -0.22 -0.23 -0.22 0.00
Prev. Close Volume Bid Ask Time
-0.23 228 2019-05-24 14:14:30
Open Time20:00Close Time14:20
Want to analyze SOYBEAN OIL Dec 2019/Jan 2020 Spread ZL.Z19_F20 or another symbol? Try our Free Spread Trend Analysis Report.