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Future Trend Analysis Report

Prepared for you on Saturday, November 16, 2019.

SOYBEAN OIL Jul 2020 (CBOT:ZL.N20)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.N20
Open High Low ZL.N20 Price Change
31.85 31.85 31.47 31.51 -0.33
Entry Signal

MarketClub’s Trade Triangles for ZL.N20

long term up The long term trend has been UP since Aug 8th, 2019 at 30.43

intermediate term up The intermediate term trend has been UP since Jul 25th, 2019 at 30.21

short term down The short term trend has been DOWN since Nov 7th, 2019 at 32.57

Smart Scan Analysis for ZL.N20

Based on a pre-defined weighted trend formula for chart analysis, ZL.N20 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for ZL.N20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.85 31.85 31.47 31.51 -0.33
Prev. Close Volume Bid Ask Time
31.54 4656 2019-11-15 14:19:27
First Delivery2020-07-31Expiration2020-07-14
Open Time20:00Close Time14:20
Want to analyze SOYBEAN OIL Jul 2020 ZL.N20 or another symbol? Try our Free Future Trend Analysis Report.