Future Trend Analysis Report
Prepared for you on Wednesday, August 12, 2020.
OATS Dec 2020 (CBOT:ZO.Z20)
Crossroads (-60) - ZO.Z20 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ZO.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZO.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZO.Z20
The long-term trend has been UP since May 18th, 2020 at 273.0
The intermediate-term trend has been DOWN since Jul 12th, 2020 at 277.0
The short-term trend has been DOWN since Jul 28th, 2020 at 272.5
Smart Scan Analysis for ZO.Z20
Based on our trend formula, ZO.Z20 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).