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Future Trend Analysis Report

Prepared for you on Friday, February 21, 2020.

SOYBEAN OIL Jul 2021 (CBOT:ZL.N21)

Strong Downtrend (-100) - ZL.N21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ZL.N21?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZL.N21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CBOT_ZL.N21
Open High Low ZL.N21 Price Change
32.13 32.20 31.87 31.91 -0.31
Entry Signal

MarketClub’s Trade Triangles for ZL.N21

long term down The long-term trend has been DOWN since Feb 19th, 2020 at 32.07

intermediate term down The intermediate-term trend has been DOWN since Jan 15th, 2020 at 34.66

short term down The short-term trend has been DOWN since Feb 7th, 2020 at 32.78

Smart Scan Analysis for ZL.N21

Based on our trend formula, ZL.N21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for ZL.N21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.13 32.20 31.87 31.91 -0.31
Prev. Close Volume Bid Ask Time
35.22 368 2020-02-20 14:19:23
Expiration2021-07-14Open Time20:00
Close Time14:20
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