Free Daily Analysis
Spread Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
WHEAT Sep 2022/ZC Spread (CBOT:ZW.U22_ZC.U22)
Strong Downtrend (-100) - ZW.U22_ZC.U22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZW.U22_ZC.U22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZW.U22_ZC.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZW.U22_ZC.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ZW.U22_ZC.U22
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for ZW.U22_ZC.U22
Based on our trend formula, ZW.U22_ZC.U22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 229.00 | 230.75 | 229.00 | 230.75 | +4.50 |
| Prev. Close | Volume | Bid | Ask | Time |
| 236.00 | 188 | 2022-07-05 10:01:02 |
| Open Time | 20:00 | Close Time | 14:20 |