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Future Trend Analysis Report

Prepared for you on Friday, September 25, 2020.

SOYBEAN OIL Dec 2021 (CBOT:ZL.Z21)

Crossroads (-60) - ZL.Z21 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.Z21?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZL.Z21.

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

CBOT_ZL.Z21
Open High Low ZL.Z21 Price Change
32.30 32.30 32.30 32.30 +0.08
Entry Signal

MarketClub’s Trade Triangles for ZL.Z21

long term up The long-term trend has been UP since Jul 17th, 2020 at 30.47

intermediate term down The intermediate-term trend has been DOWN since Sep 23rd, 2020 at 32.68

short term down The short-term trend has been DOWN since Sep 20th, 2020 at 33.67

Smart Scan Analysis for ZL.Z21

Based on our trend formula, ZL.Z21 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for ZL.Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.30 32.30 32.30 32.30 +0.08
Prev. Close Volume Bid Ask Time
33.94 1 2020-09-24 20:15:42
Expiration2021-12-14Open Time20:00
Close Time14:20
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