Future Trend Analysis Report
Prepared for you on Monday, March 18, 2019.
WHEAT Dec 2020 (CBOT:ZW.Z20)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.
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.Z20
The long term trend has been DOWN since Nov 9th, 2018 at 589.25
The intermediate term trend has been DOWN since Dec 27th, 2018 at 581.75
The short term trend has been UP since Mar 12th, 2019 at 514.50
Smart Scan Analysis for ZW.Z20
Based on a pre-defined weighted trend formula for chart analysis, ZW.Z20 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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