Future Trend Analysis Report
Prepared for you on Saturday, April 20, 2019.
SOYBEAN OIL TAS Jul 2019 (CBOT:ZLT.N19)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for ZLT.N19
The long term trend has been DOWN since Feb 8th, 2019 at -0.01
The intermediate term trend has been DOWN since Mar 22nd, 2019 at -0.01
The short term trend has been UP since Mar 27th, 2019 at 0.01
Smart Scan Analysis for ZLT.N19
Based on a pre-defined weighted trend formula for chart analysis, ZLT.N19 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).