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Future Trend Analysis Report

Prepared for you on Tuesday, August 20, 2019.

SOYBEAN OIL Oct 2020 (CBOT:ZL.V20)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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.V20
Open High Low ZL.V20 Price Change
30.17 30.17 30.17 30.17 -0.17
Entry Signal

MarketClub’s Trade Triangles for ZL.V20

long term up The long term trend has been UP since Aug 9th, 2019 at 30.64

intermediate term up The intermediate term trend has been UP since Aug 9th, 2019 at 30.64

short term down The short term trend has been DOWN since Aug 16th, 2019 at 30.80

Smart Scan Analysis for ZL.V20

Based on a pre-defined weighted trend formula for chart analysis, ZL.V20 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for ZL.V20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.17 30.17 30.17 30.17 -0.17
Prev. Close Volume Bid Ask Time
29.54 1 2019-08-20 10:57:41
First Delivery2020-10-30Expiration2020-10-14
Open Time20:00Close Time14:20
Want to analyze SOYBEAN OIL Oct 2020 ZL.V20 or another symbol? Try our Free Future Trend Analysis Report.