Analyze Symbol

Future Trend Analysis Report

Prepared for you on Monday, January 20, 2020.

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
33.82 34.08 33.45 33.96 +0.23
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 down The intermediate term trend has been DOWN since Jan 15th, 2020 at 34.40

short term up The short term trend has been UP since Jan 10th, 2020 at 35.44

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
33.82 34.08 33.45 33.96 +0.23
Prev. Close Volume Bid Ask Time
34.61 11338 2020-01-17 14:19:24
First Delivery2020-07-31Expiration2020-07-14
Open Time20:00Close Time14:20
Get a free daily report for SOYBEAN OIL Jul 2020 (ZL.N20) - Free Trend Analysis Report.