Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

WHEAT May 2020 (CBOT:ZW.K20)

Long-Term Uptrend (+90) - ZW.K20 is in a strong uptrend that is likely to continue. While ZW.K20 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid ZW.K20?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZW.K20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CBOT_ZW.K20
Open High Low ZW.K20 Price Change
550.00 561.75 549.75 560.00 +10.75
Entry Signal

MarketClub’s Trade Triangles for ZW.K20

long term up The long-term trend has been UP since Mar 27th, 2020 at 583.0

intermediate term up The intermediate-term trend has been UP since Mar 23rd, 2020 at 547.0

short term up The short-term trend has been UP since Apr 5th, 2020 at 556.5

Smart Scan Analysis for ZW.K20

Based on our trend formula, ZW.K20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for ZW.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
550.00 561.75 549.75 560.00 +10.75
Prev. Close Volume Bid Ask Time
567.75 12167 2020-04-06 08:44:50
First Delivery2020-05-12Expiration2020-05-14
Open Time20:00Close Time14:20
Get a free daily analysis and signals for WHEAT May 2020 (ZW.K20) - Request Your Free Report.