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Future Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

SOYBEAN OIL Dec 2020 (CBOT:ZL.Z20)

Strong Uptrend (+100) - ZL.Z20 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZL.Z20 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid ZL.Z20?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZL.Z20.

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

CBOT_ZL.Z20
Open High Low ZL.Z20 Price Change
38.61 39.25 38.60 39.20 +0.48
Entry Signal

MarketClub’s Trade Triangles for ZL.Z20

long term up The long-term trend has been UP since Jul 7th, 2020 at 29.50

intermediate term up The intermediate-term trend has been UP since Oct 25th, 2020 at 34.41

short term up The short-term trend has been UP since Dec 3rd, 2020 at 38.01

Smart Scan Analysis for ZL.Z20

Based on our trend formula, ZL.Z20 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for ZL.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
38.61 39.25 38.60 39.20 +0.48
Prev. Close Volume Bid Ask Time
34.38 155 2020-12-04 13:16:20
First Delivery2020-12-31Expiration2020-12-14
Open Time20:00Close Time14:20
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