Future Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
ETHANOL Nov 2020 (CBOT:EH.X20)
Strong Uptrend (+100) - EH.X20 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EH.X20 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid EH.X20?
MarketClub looks at technical strength and momentum to determine if the timing is right for EH.X20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EH.X20
The long-term trend has been UP since Oct 1st, 2018 at 1.459
The intermediate-term trend has been UP since Sep 17th, 2020 at 1.205
The short-term trend has been UP since Oct 1st, 2020 at 1.329
Smart Scan Analysis for EH.X20
Based on our trend formula, EH.X20 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).