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Future Trend Analysis Report

Prepared for you on Wednesday, November 13, 2019.

SOYBEAN OIL Mar 2020 (CBOT:ZL.H20)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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.H20
Open High Low ZL.H20 Price Change
31.31 31.67 31.00 31.04 -0.48
Entry Signal

MarketClub’s Trade Triangles for ZL.H20

long term up The long term trend has been UP since Aug 8th, 2019 at 29.75

intermediate term up The intermediate term trend has been UP since Aug 8th, 2019 at 29.59

short term down The short term trend has been DOWN since Nov 7th, 2019 at 31.93

Smart Scan Analysis for ZL.H20

Based on a pre-defined weighted trend formula for chart analysis, ZL.H20 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for ZL.H20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.31 31.67 31.00 31.04 -0.48
Prev. Close Volume Bid Ask Time
30.96 29062 2019-11-13 14:18:43
First Delivery2020-03-31Expiration2020-03-13
Open Time20:00Close Time14:20
Want to analyze SOYBEAN OIL Mar 2020 ZL.H20 or another symbol? Try our Free Future Trend Analysis Report.