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Future Trend Analysis Report

Prepared for you on Monday, October 14, 2019.

SOYBEAN OIL Aug 2020 (CBOT:ZL.Q20)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.Q20
Open High Low ZL.Q20 Price Change
31.40 31.40 31.00 31.00 -0.15
Entry Signal

MarketClub’s Trade Triangles for ZL.Q20

long term up The long term trend has been UP since Aug 9th, 2019 at 30.56

intermediate term up The intermediate term trend has been UP since Sep 13th, 2019 at 30.47

short term up The short term trend has been UP since Oct 3rd, 2019 at 30.35

Smart Scan Analysis for ZL.Q20

Based on a pre-defined weighted trend formula for chart analysis, ZL.Q20 scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+100
Smart Scan Analysis for ZL.Q20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.40 31.40 31.00 31.00 -0.15
Prev. Close Volume Bid Ask Time
31.06 184 2019-10-14 05:43:21
First Delivery2020-08-31Expiration2020-08-14
Open Time20:00Close Time14:20
Want to analyze SOYBEAN OIL Aug 2020 ZL.Q20 or another symbol? Try our Free Future Trend Analysis Report.