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Spread Trend Analysis Report
Prepared for you on Thursday, June 1, 2023.
WHEAT Sep 2023/ZC Spread (CBOT:ZW.U23_ZC.U23)
Long-Term Downtrend (-90) - ZW.U23_ZC.U23 is in a strong downtrend that is likely to continue. While ZW.U23_ZC.U23 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.U23_ZC.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZW.U23_ZC.U23.
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.U23_ZC.U23
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.U23_ZC.U23
Based on our trend formula, ZW.U23_ZC.U23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 80.00 | 91.75 | 80.00 | 91.75 | +6.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 91.75 | 396 | 2023-05-31 14:11:49 |
| Open Time | 20:00 | Close Time | 14:20 |