Future Trend Analysis Report
Prepared for you on Friday, December 1, 2023.
WHEAT TAS Dec 2023 (CBOT:ZWT.Z23)
Weak Downtrend (-65) - ZWT.Z23 is showing signs of a strengthening downtrend. Monitor ZWT.Z23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ZWT.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZWT.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZWT.Z23
The long-term trend has been DOWN since Jul 26th, 2023 at -0.25
The intermediate-term trend has been DOWN since Oct 5th, 2023 at -0.25
The short-term trend has been DOWN since Nov 10th, 2023 at 0.25
Smart Scan Analysis for ZWT.Z23
Based on our trend formula, ZWT.Z23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).