Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
HARD RED WINTER WHEAT DECEMBER 2022 (KCBT:@KW.Z22)
Countertrend Up (+85) - @KW.Z22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid @KW.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KW.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KW.Z22
The long-term trend has been UP since Sep 18th, 2020 at 523.25
The intermediate-term trend has been UP since Sep 15th, 2021 at 729.75
The short-term trend has been DOWN since Oct 11th, 2021 at 750.00
Smart Scan Analysis for @KW.Z22
Based on our trend formula, @KW.Z22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||769.5||52wk High Date||2021-10-22|
|52wk Low||553.25||52wk Low Date||2020-10-09|