Future Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
SOYBEAN OIL Jul 2019 (CBOT:ZL.N19)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.N19
The long term trend has been UP since Jan 31st, 2019 at 31.04
The intermediate term trend has been UP since Jan 17th, 2019 at 29.27
The short term trend has been UP since Feb 18th, 2019 at 30.73
Smart Scan Analysis for ZL.N19
Based on a pre-defined weighted trend formula for chart analysis, ZL.N19 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Open Time||20:00||Close Time||14:20|