Future Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
SOYBEAN OIL Mar 2020 (CBOT:ZL.H20)
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.
MarketClub’s Trade Triangles for ZL.H20
The long term trend has been UP since Jan 30th, 2019 at 31.94
The intermediate term trend has been DOWN since Feb 20th, 2019 at 31.46
The short term trend has been DOWN since Mar 14th, 2019 at 31.25
Smart Scan Analysis for ZL.H20
Based on a pre-defined weighted trend formula for chart analysis, ZL.H20 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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