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Future Trend Analysis Report

Prepared for you on Thursday, February 20, 2020.

SOYBEAN OIL Mar 2021 (CBOT:ZL.H21)

Bear Market Rally (-75) - ZL.H21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZL.H21 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid ZL.H21?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZL.H21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CBOT_ZL.H21
Open High Low ZL.H21 Price Change
32.04 32.10 31.58 32.01 +0.04
Entry Signal

MarketClub’s Trade Triangles for ZL.H21

long term down The long-term trend has been DOWN since Feb 2nd, 2020 at 31.69

intermediate term down The intermediate-term trend has been DOWN since Jan 15th, 2020 at 34.62

short term up The short-term trend has been UP since Feb 14th, 2020 at 32.42

Smart Scan Analysis for ZL.H21

Based on our trend formula, ZL.H21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ZL.H21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.04 32.10 31.58 32.01 +0.04
Prev. Close Volume Bid Ask Time
35.07 3940 2020-02-19 14:19:30
Expiration2021-03-12Open Time20:00
Close Time14:20
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