Future Trend Analysis Report
Prepared for you on Thursday, July 9, 2020.
HARD RED SPRING WHEAT MARCH 2021 (MGEX:@MW.H21)
Bear Market Rally (-75) - @MW.H21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on @MW.H21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid @MW.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @MW.H21
The long-term trend has been DOWN since Feb 28th, 2020 at 566.00
The intermediate-term trend has been DOWN since Jun 23rd, 2020 at 550.00
The short-term trend has been UP since Jul 1st, 2020 at 546.25
Smart Scan Analysis for @MW.H21
Based on our trend formula, @MW.H21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||611||52wk High Date||2019-09-26|
|52wk Low||536.75||52wk Low Date||2020-06-29|