Future Trend Analysis Report
Prepared for you on Monday, August 2, 2021.
SOYBEAN OIL TAS Dec 2021 (CBOT:ZLT.Z21)
Countertrend Down (-85) - ZLT.Z21 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid ZLT.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZLT.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZLT.Z21
The long-term trend has been DOWN since Jun 11th, 2021 at -0.01
The intermediate-term trend has been DOWN since Jun 11th, 2021 at -0.01
The short-term trend has been UP since Jul 20th, 2021 at 0.01
Smart Scan Analysis for ZLT.Z21
Based on our trend formula, ZLT.Z21 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).