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Future Trend Analysis Report

Prepared for you on Thursday, January 23, 2020.

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.

CBOT_ZL.H20
Open High Low ZL.H20 Price Change
33.03 33.05 32.54 32.63 -0.42
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 down The intermediate term trend has been DOWN since Jan 15th, 2020 at 33.80

short term down The short term trend has been DOWN since Jan 21st, 2020 at 32.75

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).

-70
Smart Scan Analysis for ZL.H20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.03 33.05 32.54 32.63 -0.42
Prev. Close Volume Bid Ask Time
33.95 17993 2020-01-23 08:18:03
First Delivery2020-03-31Expiration2020-03-13
Open Time20:00Close Time14:20
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