Future Trend Analysis Report
Prepared for you on Saturday, June 12, 2021.
WHEAT TAS Jul 2021 (CBOT:ZWT.N21)
Sidelines Mode (+55) - ZWT.N21 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 ZWT.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZWT.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZWT.N21
The long-term trend has been DOWN since Apr 27th, 2021 at -0.75
The intermediate-term trend has been UP since Jun 1st, 2021 at 0.25
The short-term trend has been DOWN since Jun 7th, 2021 at -0.25
Smart Scan Analysis for ZWT.N21
Based on our trend formula, ZWT.N21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).