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Future Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

SOYBEAN OIL Oct 2020 (CBOT:ZL.V20)

Crossroads (+60) - ZL.V20 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.V20?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZL.V20.

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

CBOT_ZL.V20
Open High Low ZL.V20 Price Change
28.21 28.55 28.14 28.16 +0.07
Entry Signal

MarketClub’s Trade Triangles for ZL.V20

long term down The long-term trend has been DOWN since Feb 3rd, 2020 at 30.97

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2020 at 27.97

short term up The short-term trend has been UP since Apr 6th, 2020 at 27.37

Smart Scan Analysis for ZL.V20

Based on our trend formula, ZL.V20 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for ZL.V20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.21 28.55 28.14 28.16 +0.07
Prev. Close Volume Bid Ask Time
27.81 1594 2020-04-09 07:23:19
First Delivery2020-10-30Expiration2020-10-14
Open Time20:00Close Time14:20
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