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Future Trend Analysis Report

Prepared for you on Saturday, August 17, 2019.

SOYBEAN OIL Sep 2019 (CBOT:ZL.U19)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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.U19
Open High Low ZL.U19 Price Change
29.08 29.54 29.07 29.08 +0.01
Entry Signal

MarketClub’s Trade Triangles for ZL.U19

long term up The long term trend has been UP since Aug 8th, 2019 at 28.96

intermediate term up The intermediate term trend has been UP since Aug 8th, 2019 at 28.71

short term down The short term trend has been DOWN since Aug 14th, 2019 at 29.20

Smart Scan Analysis for ZL.U19

Based on a pre-defined weighted trend formula for chart analysis, ZL.U19 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for ZL.U19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.08 29.54 29.07 29.08 +0.01
Prev. Close Volume Bid Ask Time
27.54 9759 2019-08-16 14:19:36
First Delivery2019-09-30Expiration2019-09-13
Open Time20:00Close Time14:20
Want to analyze SOYBEAN OIL Sep 2019 ZL.U19 or another symbol? Try our Free Future Trend Analysis Report.