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Future Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

HARD RED SPRING WHEAT MAY 2020 (MGEX:@MW.K20)

Crossroads (+60) - @MW.K20 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid @MW.K20?

MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.K20.

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

MGEX_@MW.K20
Open High Low @MW.K20 Price Change
527.00 527.25 524.75 527.00 +0.25
Entry Signal

MarketClub’s Trade Triangles for @MW.K20

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 516.00

intermediate term up The intermediate-term trend has been UP since Mar 25th, 2020 at 534.75

short term up The short-term trend has been UP since Apr 5th, 2020 at 527.25

Smart Scan Analysis for @MW.K20

Based on our trend formula, @MW.K20 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for @MW.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
527.00 527.25 524.75 527.00 +0.25
Prev. Close Volume Bid Ask Time
526.75 115 526.25 527.25 2020-04-07 01:25:41
52wk High63852wk High Date2018-11-06
52wk Low50352wk Low Date2020-03-12
Volatility14.42Expiration2020-05-14
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