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Future Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

SOYBEAN OIL Oct 2021 (CBOT:ZL.V21)

Long-Term Uptrend (+90) - ZL.V21 is in a strong uptrend that is likely to continue. While ZL.V21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid ZL.V21?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZL.V21.

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

CBOT_ZL.V21
Open High Low ZL.V21 Price Change
60.17 60.17 59.29 59.94 -1.00
Entry Signal

MarketClub’s Trade Triangles for ZL.V21

long term up The long-term trend has been UP since Jul 17th, 2020 at 30.28

intermediate term up The intermediate-term trend has been UP since Oct 4th, 2021 at 58.79

short term up The short-term trend has been UP since Sep 22nd, 2021 at 56.39

Smart Scan Analysis for ZL.V21

Based on our trend formula, ZL.V21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for ZL.V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
60.17 60.17 59.29 59.94 -1.00
Prev. Close Volume Bid Ask Time
59.32 11 2021-10-13 17:28:48
Expiration2021-10-14Open Time20:00
Close Time14:20
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