Future Trend Analysis Report
Prepared for you on Friday, December 1, 2023.
WHEAT Dec 2024 (CBOT:ZW.Z24)
Weak Downtrend (-65) - ZW.Z24 is showing signs of a strengthening downtrend. Monitor ZW.Z24 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ZW.Z24?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZW.Z24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZW.Z24
The long-term trend has been DOWN since Sep 1st, 2023 at 677.75
The intermediate-term trend has been DOWN since Oct 31st, 2023 at 654.00
The short-term trend has been UP since Nov 29th, 2023 at 639.50
Smart Scan Analysis for ZW.Z24
Based on our trend formula, ZW.Z24 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).