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Future Trend Analysis Report

Prepared for you on Friday, January 28, 2022.

HARD RED SPRING WHEAT MARCH 2022 (MGEX:@MW.H22)

Long-Term Downtrend (-90) - @MW.H22 is in a strong downtrend that is likely to continue. While @MW.H22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid @MW.H22?

MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.H22.

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

MGEX_@MW.H22
Open High Low @MW.H22 Price Change
902.75 923.50 902.50 922.50 +20.00
Entry Signal

MarketClub’s Trade Triangles for @MW.H22

long term down The long-term trend has been DOWN since Jan 13th, 2022 at 900.75

intermediate term down The intermediate-term trend has been DOWN since Dec 28th, 2021 at 1008.75

short term down The short-term trend has been DOWN since Jan 26th, 2022 at 933.00

Smart Scan Analysis for @MW.H22

Based on our trend formula, @MW.H22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for @MW.H22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
902.75 923.50 902.50 922.50 +20.00
Prev. Close Volume Bid Ask Time
902.50 2493 914.00 924.00 2022-01-28 14:29:58
52wk High1066.2552wk High Date2021-11-02
52wk Low583.2552wk Low Date2020-10-19
Volatility22.67Expiration2022-03-14
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