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Future Trend Analysis Report

Prepared for you on Wednesday, January 26, 2022.

SOYBEAN OIL Jul 2022 (CBOT:ZL.N22)

Strong Uptrend (+100) - ZL.N22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZL.N22 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
62.34 63.17 61.92 62.80 +0.48
Entry Signal

MarketClub’s Trade Triangles for ZL.N22

long term up The long-term trend has been UP since Jan 20th, 2022 at 61.20

intermediate term up The intermediate-term trend has been UP since Jan 4th, 2022 at 57.21

short term up The short-term trend has been UP since Jan 18th, 2022 at 58.74

Smart Scan Analysis for ZL.N22

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

+100
Smart Scan Analysis for ZL.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
62.34 63.17 61.92 62.80 +0.48
Prev. Close Volume Bid Ask Time
62.32 3796 2022-01-26 10:07:56
Expiration2022-07-14Open Time20:00
Close Time14:20
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