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Future Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

SOYBEAN OIL Dec 2021 (CBOT:ZL.Z21)

Bull Market Weakness (+75) - ZL.Z21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZL.Z21 as it may be in the beginning stages of a reversal.

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
62.13 62.93 62.01 62.46 +0.37
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 up The intermediate-term trend has been UP since Oct 5th, 2021 at 59.21

short term down The short-term trend has been DOWN since Oct 22nd, 2021 at 62.22

Smart Scan Analysis for ZL.Z21

Based on our trend formula, ZL.Z21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for ZL.Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
62.13 62.93 62.01 62.46 +0.37
Prev. Close Volume Bid Ask Time
62.13 8208 2021-10-25 06:19:52
Expiration2021-12-14Open Time20:00
Close Time14:20
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