Future Trend Analysis Report
Prepared for you on Wednesday, July 28, 2021.
BLACK SEA WHEAT FINANCIALLY SETTLED Dec 2021 (CBOT:BWF.Z21)
Long-Term Downtrend (-90) - BWF.Z21 is in a strong downtrend that is likely to continue. While BWF.Z21 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 BWF.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for BWF.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BWF.Z21
The long-term trend has been DOWN since Jul 2nd, 2021 at 253.00
The intermediate-term trend has been DOWN since Jun 15th, 2021 at 256.75
The short-term trend has been DOWN since Jul 22nd, 2021 at 263.00
Smart Scan Analysis for BWF.Z21
Based on our trend formula, BWF.Z21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).