Future Trend Analysis Report
Prepared for you on Tuesday, January 21, 2020.
HARD RED SPRING WHEAT MARCH 2021 (MGEX:@MW.H21)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for @MW.H21
The long term trend has been UP since Jan 2nd, 2020 at 609.00
The intermediate term trend has been UP since Dec 16th, 2019 at 571.75
The short term trend has been DOWN since Jan 10th, 2020 at 604.75
Smart Scan Analysis for @MW.H21
Based on a pre-defined weighted trend formula for chart analysis, @MW.H21 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||611||52wk High Date||2019-09-26|
|52wk Low||564||52wk Low Date||2019-09-03|