Future Trend Analysis Report
Prepared for you on Friday, June 5, 2020.
WHEAT Jul 2021 (CBOT:ZW.N21)
Bull Market Weakness (+75) - ZW.N21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZW.N21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ZW.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZW.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZW.N21
The long-term trend has been DOWN since Feb 28th, 2020 at 534.00
The intermediate-term trend has been UP since May 29th, 2020 at 538.50
The short-term trend has been UP since May 20th, 2020 at 524.75
Smart Scan Analysis for ZW.N21
Based on our trend formula, ZW.N21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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