Future Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
SOYBEAN OIL TAS Dec 2023 (CBOT:ZLT.Z23)
Crossroads (+60) - ZLT.Z23 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 ZLT.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZLT.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZLT.Z23
The long-term trend has been UP since Jun 30th, 2023 at 0.01
The intermediate-term trend has been DOWN since Oct 16th, 2023 at -0.03
The short-term trend has been DOWN since Nov 15th, 2023 at -0.02
Smart Scan Analysis for ZLT.Z23
Based on our trend formula, ZLT.Z23 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).