Future Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
SOYBEAN OIL Mar 2021 (CBOT:ZL.H21)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.H21
The long term trend has been UP since Aug 9th, 2019 at 31.29
The intermediate term trend has been UP since Sep 17th, 2019 at 31.13
The short term trend has been UP since Sep 17th, 2019 at 30.81
Smart Scan Analysis for ZL.H21
Based on a pre-defined weighted trend formula for chart analysis, ZL.H21 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).