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Future Trend Analysis Report

Prepared for you on Thursday, August 11, 2022.

HARD RED WINTER WHEAT INDEX JULY 2022 (MGEX:@IH.N22)

Long-Term Downtrend (-90) - @IH.N22 is in a strong downtrend that is likely to continue. While @IH.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 @IH.N22?

MarketClub looks at technical strength and momentum to determine if the timing is right for @IH.N22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

MGEX_@IH.N22
Open High Low @IH.N22 Price Change
855 855 855 855 0
Entry Signal

MarketClub’s Trade Triangles for @IH.N22

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for @IH.N22

Based on our trend formula, @IH.N22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for @IH.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
855 855 855 855 0
Prev. Close Volume Bid Ask Time
855 0 2022-07-29 00:00:00
Volatility47.63Expiration2022-07-29
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