Future Trend Analysis Report
Prepared for you on Monday, November 30, 2020.
HARD RED SPRING WHEAT INDEX NOVEMBER 2020 (MGEX:@IP.X20)
Strong Downtrend (-100) - @IP.X20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @IP.X20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @IP.X20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @IP.X20
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.X20
Based on our trend formula, @IP.X20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).