Future Trend Analysis Report
Prepared for you on Wednesday, July 8, 2020.
WHEAT (MINI) Jul 2020 (CBOT:XW.N20)
Bull Market Weakness (+75) - XW.N20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XW.N20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid XW.N20?
MarketClub looks at technical strength and momentum to determine if the timing is right for XW.N20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XW.N20
The long-term trend has been DOWN since Mar 6th, 2020 at 514.500
The intermediate-term trend has been UP since Jul 8th, 2020 at 507.375
The short-term trend has been UP since Jun 30th, 2020 at 489.000
Smart Scan Analysis for XW.N20
Based on our trend formula, XW.N20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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