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Future Trend Analysis Report

Prepared for you on Friday, July 1, 2022.

HARD RED SPRING WHEAT JULY 2023 (MGEX:@MW.N23)

Weak Downtrend (-65) - @MW.N23 is showing signs of a strengthening downtrend. Monitor @MW.N23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid @MW.N23?

MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.N23.

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

MGEX_@MW.N23
Open High Low @MW.N23 Price Change
1027.00 1029.00 1027.00 1029.00 -0.50
Entry Signal

MarketClub’s Trade Triangles for @MW.N23

long term up The long-term trend has been UP since Feb 11th, 2022 at 880.00

intermediate term down The intermediate-term trend has been DOWN since Jun 21st, 2022 at 1167.75

short term down The short-term trend has been DOWN since May 31st, 2022 at 1226.50

Smart Scan Analysis for @MW.N23

Based on our trend formula, @MW.N23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for @MW.N23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1027.00 1029.00 1027.00 1029.00 -0.50
Prev. Close Volume Bid Ask Time
1029.50 38 1010.00 1019.25 2022-07-01 03:13:53
52wk High126452wk High Date2022-05-19
52wk Low87752wk Low Date2022-01-11
Volatility25.85Expiration2023-07-14
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