Future Trend Analysis Report
Prepared for you on Wednesday, May 25, 2022.
WHEAT TAS Jul 2022 (CBOT:ZWT.N22)
Long-Term Downtrend (-90) - ZWT.N22 is in a strong downtrend that is likely to continue. While ZWT.N22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZWT.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZWT.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZWT.N22
The long-term trend has been DOWN since Feb 25th, 2022 at -0.25
The intermediate-term trend has been DOWN since May 18th, 2022 at -0.50
The short-term trend has been DOWN since May 17th, 2022 at 0.25
Smart Scan Analysis for ZWT.N22
Based on our trend formula, ZWT.N22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).