Future Trend Analysis Report
Prepared for you on Sunday, July 12, 2020.
SOYBEAN OIL TAS Jul 2020 (CBOT:ZLT.N20)
Sidelines Mode (+50) - ZLT.N20 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ZLT.N20 can gain momentum.
Is it time to buy, sell, or avoid ZLT.N20?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZLT.N20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZLT.N20
The long-term trend has been DOWN since Jun 1st, 2020 at -0.01
The intermediate-term trend has been UP since Jun 9th, 2020 at 0.01
The short-term trend has been UP since Jun 9th, 2020 at 0.01
Smart Scan Analysis for ZLT.N20
Based on our trend formula, ZLT.N20 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).