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Future Trend Analysis Report

Prepared for you on Friday, August 14, 2020.

SOYBEAN OIL Mar 2021 (CBOT:ZL.H21)

Long-Term Uptrend (+90) - ZL.H21 is in a strong uptrend that is likely to continue. While ZL.H21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
31.42 31.47 31.23 31.23 -0.17
Entry Signal

MarketClub’s Trade Triangles for ZL.H21

long term up The long-term trend has been UP since Jul 15th, 2020 at 29.87

intermediate term up The intermediate-term trend has been UP since May 11th, 2020 at 27.89

short term up The short-term trend has been UP since Aug 12th, 2020 at 31.14

Smart Scan Analysis for ZL.H21

Based on our trend formula, ZL.H21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for ZL.H21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.42 31.47 31.23 31.23 -0.17
Prev. Close Volume Bid Ask Time
28.85 553 2020-08-14 04:11:15
Expiration2021-03-12Open Time20:00
Close Time14:20
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