Future Trend Analysis Report
Prepared for you on Monday, August 3, 2020.
WHEAT (MINI) Dec 2020 (CBOT:XW.Z20)
Crossroads (-60) - XW.Z20 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid XW.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for XW.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XW.Z20
The long-term trend has been DOWN since Mar 2nd, 2020 at 548.750
The intermediate-term trend has been UP since Jul 8th, 2020 at 520.250
The short-term trend has been UP since Jul 30th, 2020 at 538.375
Smart Scan Analysis for XW.Z20
Based on our trend formula, XW.Z20 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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