Analyze Symbol

Future Trend Analysis Report

Prepared for you on Wednesday, November 14, 2018.

WHEAT May 2020 (E) (CBOT:ZW.K20.E)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low ZW.K20.E Price Change
579.5 579.5 579.5 581.5 -5.5
Entry Signal

MarketClub’s Trade Triangles for ZW.K20.E

long term up The long term trend has been UP since Jan 29th, 2018 at 557.25

intermediate term down The intermediate term trend has been DOWN since Oct 24th, 2018 at 584.50

short term down The short term trend has been DOWN since Nov 8th, 2018 at 584.50

Smart Scan Analysis for ZW.K20.E

Based on a pre-defined weighted trend formula for chart analysis, ZW.K20.E scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for ZW.K20.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
579.5 579.5 579.5 581.5 -5.5
Prev. Close Volume Bid Ask Time
579.5 20 2018-11-13 14:15:21
Contract High634.5Contract High Date2018-08-02
Contract Low565.25Contract Low Date2018-06-28
Estimated Volume38First Delivery2020-05-12
Expiration2020-05-14Open Time20:00
Close Time14:20
Want to analyze WHEAT May 2020 (E) ZW.K20.E or another symbol? Try our Free Future Trend Analysis Report.