Future Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
WHEAT Jul 2023 (CBOT:ZW.N23)
Strong Downtrend (-100) - ZW.N23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZW.N23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZW.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZW.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZW.N23
The long-term trend has been DOWN since Jul 1st, 2022 at 875.50
The intermediate-term trend has been DOWN since Jun 21st, 2022 at 1029.00
The short-term trend has been DOWN since Jun 17th, 2022 at 1064.25
Smart Scan Analysis for ZW.N23
Based on our trend formula, ZW.N23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).