Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

WHEAT Mar 2022/Mar 2023 Spread (CBOT:ZW.H22_H23)

Long-Term Downtrend (-90) - ZW.H22_H23 is in a strong downtrend that is likely to continue. While ZW.H22_H23 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ZW.H22_H23?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZW.H22_H23.

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

CBOT_ZW.H22_H23
Open High Low ZW.H22_H23 Price Change
7.00 7.00 6.75 1.00 +2
Entry Signal

MarketClub’s Trade Triangles for ZW.H22_H23

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for ZW.H22_H23

Based on our trend formula, ZW.H22_H23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ZW.H22_H23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.00 7.00 6.75 1.00 +2
Prev. Close Volume Bid Ask Time
-1.00 6 2021-12-05 21:17:42
Open Time20:00Close Time14:20
Get a free daily analysis and signals for WHEAT Mar 2022/Mar 2023 Spread (ZW.H22_H23) - Request Your Free Report.