Future Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
OATS Mar 2023 (CBOT:ZO.H23)
Long-Term Downtrend (-90) - ZO.H23 is in a strong downtrend that is likely to continue. While ZO.H23 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZO.H23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZO.H23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZO.H23
The long-term trend has been DOWN since Jun 28th, 2022 at 490.00
The intermediate-term trend has been DOWN since Feb 15th, 2023 at 363.00
The short-term trend has been DOWN since Feb 27th, 2023 at 370.75
Smart Scan Analysis for ZO.H23
Based on our trend formula, ZO.H23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).