Future Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
SOYBEAN OIL May 2020 (CBOT:ZL.K20)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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.K20
The long term trend has been UP since Jan 30th, 2019 at 32.20
The intermediate term trend has been DOWN since Feb 19th, 2019 at 31.75
The short term trend has been UP since Mar 21st, 2019 at 31.23
Smart Scan Analysis for ZL.K20
Based on a pre-defined weighted trend formula for chart analysis, ZL.K20 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Open Time||20:00||Close Time||14:20|