Future Trend Analysis Report
Prepared for you on Wednesday, October 21, 2020.
T-BONDS Dec 2020 (CBOT:ZB.Z20)
Long-Term Downtrend (-90) - ZB.Z20 is in a strong downtrend that is likely to continue. While ZB.Z20 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.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZB.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZB.Z20
The long-term trend has been DOWN since Aug 27th, 2020 at 174.68750
The intermediate-term trend has been DOWN since Aug 11th, 2020 at 178.15625
The short-term trend has been DOWN since Oct 16th, 2020 at 175.03125
Smart Scan Analysis for ZB.Z20
Based on our trend formula, ZB.Z20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).