Future Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
T-BONDS Jun 2021 (CBOT:ZB.M21)
Long-Term Downtrend (-90) - ZB.M21 is in a strong downtrend that is likely to continue. While ZB.M21 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 ZB.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZB.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZB.M21
The long-term trend has been DOWN since Dec 1st, 2020 at 173.78125
The intermediate-term trend has been DOWN since Jan 4th, 2021 at 171.03125
The short-term trend has been DOWN since Feb 12th, 2021 at 165.43750
Smart Scan Analysis for ZB.M21
Based on our trend formula, ZB.M21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).