Future Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
OATS May 2021 (CBOT:ZO.K21)
Long-Term Uptrend (+90) - ZO.K21 is in a strong uptrend that is likely to continue. While ZO.K21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid ZO.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZO.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZO.K21
The long-term trend has been UP since Sep 24th, 2020 at 282.00
The intermediate-term trend has been UP since Feb 16th, 2021 at 356.75
The short-term trend has been UP since Feb 23rd, 2021 at 362.50
Smart Scan Analysis for ZO.K21
Based on our trend formula, ZO.K21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).