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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.
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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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 549.75 | 549.75 | 549.75 | 549.50 | -0.25 |
| Prev. Close | Volume | Bid | Ask | Time |
| 549.75 | 0 | 546.25 | 547.75 | 2020-07-08 14:19:34 |
| 52wk High | 611 | 52wk High Date | 2019-09-26 |
| 52wk Low | 536.75 | 52wk Low Date | 2020-06-29 |
| Volatility | 12.7 | Expiration | 2021-03-12 |