Future Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
WHEAT May 2023 (CBOT:ZW.K23)
Bull Market Weakness (+75) - ZW.K23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZW.K23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ZW.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZW.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZW.K23
The long-term trend has been UP since Apr 14th, 2021 at 636.75
The intermediate-term trend has been UP since Apr 9th, 2021 at 630.50
The short-term trend has been UP since Apr 5th, 2021 at 618.75
Smart Scan Analysis for ZW.K23
Based on our trend formula, ZW.K23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).