Future Trend Analysis Report
Prepared for you on Friday, October 30, 2020.
WHEAT Sep 2021 (CBOT:ZW.U21)
Sidelines Mode (+55) - ZW.U21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ZW.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZW.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZW.U21
The long-term trend has been UP since Aug 27th, 2020 at 559.50
The intermediate-term trend has been UP since Aug 24th, 2020 at 552.25
The short-term trend has been DOWN since Oct 23rd, 2020 at 612.75
Smart Scan Analysis for ZW.U21
Based on our trend formula, ZW.U21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).