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Future Trend Analysis Report

Prepared for you on Thursday, May 6, 2021.

WHEAT May 2021 (CBOT:ZW.K21)

Long-Term Uptrend (+90) - ZW.K21 is in a strong uptrend that is likely to continue. While ZW.K21 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.K21?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZW.K21.

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

CBOT_ZW.K21
Open High Low ZW.K21 Price Change
761.00 761.00 761.00 755.75 +6.50
Entry Signal

MarketClub’s Trade Triangles for ZW.K21

long term up The long-term trend has been UP since Aug 27th, 2020 at 559.25

intermediate term up The intermediate-term trend has been UP since Apr 14th, 2021 at 646.50

short term up The short-term trend has been UP since Mar 31st, 2021 at 616.75

Smart Scan Analysis for ZW.K21

Based on our trend formula, ZW.K21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for ZW.K21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
761.00 761.00 761.00 755.75 +6.50
Prev. Close Volume Bid Ask Time
754.50 495 2021-05-05 21:11:37
Expiration2021-05-14Open Time20:00
Close Time14:20
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