Spread Trend Analysis Report
Prepared for you on Saturday, August 13, 2022.
HARD RED SPRING WHEAT SEP 22/MAY 23 (MGEX:@[email protected])
Long-Term Downtrend (-90) - @[email protected] is in a strong downtrend that is likely to continue. While @[email protected] 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 @[email protected]?
MarketClub looks at technical strength and momentum to determine if the timing is right for @[email protected]
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @[email protected]
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 @[email protected]
Based on our trend formula, @[email protected] is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||19.25||52wk High Date||2022-05-18|
|52wk Low||-41.25000000||52wk Low Date||2022-08-08|