Future Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
WHEAT Sep 2024 (CBOT:ZW.U24)
Sidelines Mode (-55) - ZW.U24 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.U24?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZW.U24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZW.U24
The long-term trend has been DOWN since Sep 1st, 2023 at 666.5
The intermediate-term trend has been UP since Dec 4th, 2023 at 648.0
The short-term trend has been DOWN since Dec 8th, 2023 at 652.5
Smart Scan Analysis for ZW.U24
Based on our trend formula, ZW.U24 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).