Future Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
SOYBEAN OIL Mar 2023 (CBOT:ZL.H23)
Strong Uptrend (+100) - ZL.H23 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZL.H23 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid ZL.H23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZL.H23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZL.H23
The long-term trend has been UP since Jan 11th, 2022 at 57.06
The intermediate-term trend has been UP since Dec 27th, 2021 at 54.93
The short-term trend has been UP since Jan 19th, 2022 at 57.43
Smart Scan Analysis for ZL.H23
Based on our trend formula, ZL.H23 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).