Future Trend Analysis Report
Prepared for you on Monday, March 27, 2023.
HARD RED WINTER WHEAT JULY 2023 (KCBT:@KW.N23)
Long-Term Downtrend (-90) - @KW.N23 is in a strong downtrend that is likely to continue. While @KW.N23 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 @KW.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KW.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KW.N23
The long-term trend has been DOWN since Dec 2nd, 2022 at 856.00
The intermediate-term trend has been DOWN since Feb 24th, 2023 at 845.25
The short-term trend has been DOWN since Mar 22nd, 2023 at 805.75
Smart Scan Analysis for @KW.N23
Based on our trend formula, @KW.N23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1210||52wk High Date||2022-05-18|
|52wk Low||520||52wk Low Date||2020-10-15|