Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Saturday, January 22, 2022.

SOYBEAN OIL Oct 2022 (CBOT:ZL.V22)

Bull Market Weakness (+75) - ZL.V22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZL.V22 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid ZL.V22?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZL.V22.

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

CBOT_ZL.V22
Open High Low ZL.V22 Price Change
60.41 61.11 59.81 60.45 -0.39
Entry Signal

MarketClub’s Trade Triangles for ZL.V22

long term up The long-term trend has been UP since Jan 19th, 2022 at 58.78

intermediate term up The intermediate-term trend has been UP since Dec 27th, 2021 at 55.79

short term down The short-term trend has been DOWN since Jan 18th, 2022 at 56.80

Smart Scan Analysis for ZL.V22

Based on our trend formula, ZL.V22 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for ZL.V22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
60.41 61.11 59.81 60.45 -0.39
Prev. Close Volume Bid Ask Time
60.03 1792 2022-01-21 14:19:57
Expiration2022-10-14Open Time20:00
Close Time14:20
Get a free daily analysis and signals for SOYBEAN OIL Oct 2022 (ZL.V22) - Request Your Free Report.