Future Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
WHEAT (MINI) Jul 2022 (CBOT:XW.N22)
Strong Downtrend (-100) - XW.N22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, XW.N22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid XW.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for XW.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XW.N22
The long-term trend has been DOWN since Jun 22nd, 2022 at 970.875
The intermediate-term trend has been DOWN since Jun 1st, 2022 at 1081.625
The short-term trend has been DOWN since Jun 17th, 2022 at 1038.125
Smart Scan Analysis for XW.N22
Based on our trend formula, XW.N22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).