Future Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
WHEAT Dec 2022 (CBOT:ZW.Z22)
Long-Term Uptrend (+90) - ZW.Z22 is in a strong uptrend that is likely to continue. While ZW.Z22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid ZW.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZW.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZW.Z22
The long-term trend has been UP since Oct 1st, 2020 at 580.00
The intermediate-term trend has been UP since Sep 26th, 2021 at 722.00
The short-term trend has been UP since Oct 15th, 2021 at 749.25
Smart Scan Analysis for ZW.Z22
Based on our trend formula, ZW.Z22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).