Analyze Symbol

Future Trend Analysis Report

Prepared for you on Sunday, June 16, 2019.

SOYBEAN OIL Oct 2020 (CBOT:ZL.V20)

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.V20
Open High Low ZL.V20 Price Change
29.93 29.93 29.89 29.89 -0.19
Entry Signal

MarketClub’s Trade Triangles for ZL.V20

long term down The long term trend has been DOWN since Mar 29th, 2019 at 30.95

intermediate term up The intermediate term trend has been UP since May 20th, 2019 at 29.89

short term up The short term trend has been UP since Jun 13th, 2019 at 29.65

Smart Scan Analysis for ZL.V20

Based on a pre-defined weighted trend formula for chart analysis, ZL.V20 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for ZL.V20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.93 29.93 29.89 29.89 -0.19
Prev. Close Volume Bid Ask Time
29.54 4 2019-06-14 11:29:57
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.