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Future Trend Analysis Report

Prepared for you on Monday, August 2, 2021.

SOYBEAN OIL Jul 2022 (CBOT:ZL.N22)

Weak Downtrend (-65) - ZL.N22 is showing signs of a strengthening downtrend. Monitor ZL.N22 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid ZL.N22?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZL.N22.

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

CBOT_ZL.N22
Open High Low ZL.N22 Price Change
59.01 59.75 58.35 59.44 +0.03
Entry Signal

MarketClub’s Trade Triangles for ZL.N22

long term up The long-term trend has been UP since Jul 17th, 2020 at 30.65

intermediate term down The intermediate-term trend has been DOWN since Aug 2nd, 2021 at 58.60

short term down The short-term trend has been DOWN since Jul 28th, 2021 at 59.86

Smart Scan Analysis for ZL.N22

Based on our trend formula, ZL.N22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for ZL.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
59.01 59.75 58.35 59.44 +0.03
Prev. Close Volume Bid Ask Time
59.34 1845 2021-08-02 14:15:55
Expiration2022-07-14Open Time20:00
Close Time14:20
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