Future Trend Analysis Report
Prepared for you on Sunday, April 21, 2019.
WHEAT Jul 2019 (CBOT:ZW.N19)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for ZW.N19
The long term trend has been DOWN since Oct 25th, 2018 at 527
The intermediate term trend has been DOWN since Apr 16th, 2019 at 459
The short term trend has been DOWN since Apr 16th, 2019 at 462
Smart Scan Analysis for ZW.N19
Based on a pre-defined weighted trend formula for chart analysis, ZW.N19 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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