Future Trend Analysis Report
Prepared for you on Saturday, December 4, 2021.
HARD RED SPRING WHEAT DECEMBER 2021 (MGEX:@MW.Z21)
Weak Uptrend (+65) - @MW.Z21 is showing signs of weakening momentum to the upside. Monitor @MW.Z21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid @MW.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @MW.Z21
The long-term trend has been UP since Aug 31st, 2020 at 583.00
The intermediate-term trend has been DOWN since Nov 16th, 2021 at 1005.00
The short-term trend has been UP since Nov 28th, 2021 at 1047.75
Smart Scan Analysis for @MW.Z21
Based on our trend formula, @MW.Z21 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1086.5||52wk High Date||2021-11-02|
|52wk Low||562||52wk Low Date||2020-08-14|