Future Trend Analysis Report
Prepared for you on Saturday, September 18, 2021.
HARD RED SPRING WHEAT MARCH 2022 (MGEX:@MW.H22)
Weak Downtrend (-65) - @MW.H22 is showing signs of a strengthening downtrend. Monitor @MW.H22 as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for @MW.H22
The long-term trend has been UP since Sep 18th, 2020 at 592
The intermediate-term trend has been DOWN since Sep 1st, 2021 at 879
The short-term trend has been DOWN since Sep 8th, 2021 at 879
Smart Scan Analysis for @MW.H22
Based on our trend formula, @MW.H22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||925.25||52wk High Date||2021-08-13|
|52wk Low||583.25||52wk Low Date||2020-10-19|