Future Trend Analysis Report
Prepared for you on Thursday, August 16, 2018.
WHEAT Jul 2020 (E) (CBOT:ZW.N20.E)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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.
MarketClub’s Trade Triangles for ZW.N20.E
The long term trend has been UP since Mar 1st, 2018 at 555.0
The intermediate term trend has been UP since Jul 19th, 2018 at 584.5
The short term trend has been DOWN since Aug 10th, 2018 at 603.0
Smart Scan Analysis for ZW.N20.E
Based on a pre-defined weighted trend formula for chart analysis, ZW.N20.E scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||627.5||Contract High Date||2018-06-12|
|Contract Low||544||Contract Low Date||2018-01-25|
|Estimated Volume||76||First Delivery||2020-07-13|