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Future Trend Analysis Report

Prepared for you on Friday, September 24, 2021.

SOYBEAN OIL Sep 2021 (CBOT:ZL.U21)

Crossroads (-60) - ZL.U21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ZL.U21?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZL.U21.

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

CBOT_ZL.U21
Open High Low ZL.U21 Price Change
55.86 56.42 55.86 56.68 +0.26
Entry Signal

MarketClub’s Trade Triangles for ZL.U21

long term up The long-term trend has been UP since Jul 17th, 2020 at 30.30

intermediate term down The intermediate-term trend has been DOWN since Aug 5th, 2021 at 61.68

short term down The short-term trend has been DOWN since Sep 8th, 2021 at 58.80

Smart Scan Analysis for ZL.U21

Based on our trend formula, ZL.U21 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for ZL.U21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.86 56.42 55.86 56.68 +0.26
Prev. Close Volume Bid Ask Time
55.74 16 2021-09-10 13:40:01
Expiration2021-09-14Open Time20:00
Close Time14:20
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