Future Trend Analysis Report
Prepared for you on Saturday, January 18, 2020.
WHEAT Dec 2021 (CBOT:ZW.Z21)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.Z21
The long term trend has been UP since Oct 17th, 2019 at 561.00
The intermediate term trend has been UP since Nov 22nd, 2019 at 560.75
The short term trend has been DOWN since Jan 16th, 2020 at 581.50
Smart Scan Analysis for ZW.Z21
Based on a pre-defined weighted trend formula for chart analysis, ZW.Z21 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).