Future Trend Analysis Report
Prepared for you on Tuesday, February 7, 2023.
30 DAY FED FUND Jul 2023 (CBOT:ZQ.N23)
Long-Term Downtrend (-90) - ZQ.N23 is in a strong downtrend that is likely to continue. While ZQ.N23 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 ZQ.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZQ.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZQ.N23
The long-term trend has been DOWN since Jul 26th, 2021 at 99.525
The intermediate-term trend has been DOWN since Feb 3rd, 2023 at 95.040
The short-term trend has been DOWN since Feb 3rd, 2023 at 95.090
Smart Scan Analysis for ZQ.N23
Based on our trend formula, ZQ.N23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).