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Future Trend Analysis Report

Prepared for you on Wednesday, May 27, 2020.

HARD RED SPRING WHEAT INDEX MAY 2020 (MGEX:@IP.K20)

Long-Term Downtrend (-90) - @IP.K20 is in a strong downtrend that is likely to continue. While @IP.K20 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.K20?

MarketClub looks at technical strength and momentum to determine if the timing is right for @IP.K20.

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

MGEX_@IP.K20
Open High Low @IP.K20 Price Change
499 499 499 499 0
Entry Signal

MarketClub’s Trade Triangles for @IP.K20

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 @IP.K20

Based on our trend formula, @IP.K20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for @IP.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
499 499 499 499 0
Prev. Close Volume Bid Ask Time
499 0 2020-05-27 00:00:00
Volatility16.73Expiration2020-05-29
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