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Future Trend Analysis Report

Prepared for you on Tuesday, March 2, 2021.

SOFT RED SPRING WHEAT INDEX FEBRUARY 2021 (MGEX:@IW.G21)

Weak Downtrend (-65) - @IW.G21 is showing signs of a strengthening downtrend. Monitor @IW.G21 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid @IW.G21?

MarketClub looks at technical strength and momentum to determine if the timing is right for @IW.G21.

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

MGEX_@IW.G21
Open High Low @IW.G21 Price Change
671 671 671 671 0
Entry Signal

MarketClub’s Trade Triangles for @IW.G21

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 @IW.G21

Based on our trend formula, @IW.G21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for @IW.G21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
671 671 671 671 0
Prev. Close Volume Bid Ask Time
662 0 2021-02-25 00:00:00
Volatility29.87Expiration2021-02-26
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