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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.

CBOT_ZL.K20
Open High Low ZL.K20 Price Change
30.68 30.70 30.56 30.56 -0.17
Entry Signal

MarketClub’s Trade Triangles for ZL.K20

long term up The long term trend has been UP since Jan 30th, 2019 at 32.20

intermediate term down The intermediate term trend has been DOWN since Feb 19th, 2019 at 31.75

short term up 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).

-55
Smart Scan Analysis for ZL.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.68 30.70 30.56 30.56 -0.17
Prev. Close Volume Bid Ask Time
31.99 436 2019-03-26 13:30:39
First Delivery2020-05-29Expiration2020-05-14
Open Time20:00Close Time14:20
Want to analyze SOYBEAN OIL May 2020 ZL.K20 or another symbol? Try our Free Future Trend Analysis Report.