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Future Trend Analysis Report

Prepared for you on Tuesday, July 7, 2020.

HARD RED SPRING WHEAT DECEMBER 2020 (MGEX:@MW.Z20)

Bear Market Rally (-75) - @MW.Z20 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on @MW.Z20 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid @MW.Z20?

MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.Z20.

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

MGEX_@MW.Z20
Open High Low @MW.Z20 Price Change
526.50 527.00 526.50 527.00 +1.50
Entry Signal

MarketClub’s Trade Triangles for @MW.Z20

long term down The long-term trend has been DOWN since Aug 12th, 2019 at 585.25

intermediate term down The intermediate-term trend has been DOWN since Jun 22nd, 2020 at 538.25

short term up The short-term trend has been UP since Jun 30th, 2020 at 536.00

Smart Scan Analysis for @MW.Z20

Based on our trend formula, @MW.Z20 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for @MW.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
526.50 527.00 526.50 527.00 +1.50
Prev. Close Volume Bid Ask Time
525.50 18 526.25 527.00 2020-07-07 01:39:41
52wk High61552wk High Date2019-06-13
52wk Low522.2552wk Low Date2020-06-29
Volatility13.89Expiration2020-12-14
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