Future Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
HARD RED SPRING WHEAT INDEX JANUARY 2022 (MGEX:@IP.F22)
Long-Term Downtrend (-90) - @IP.F22 is in a strong downtrend that is likely to continue. While @IP.F22 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 @IP.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @IP.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @IP.F22
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for @IP.F22
Based on our trend formula, @IP.F22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).