Future Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
WHEAT Mar 2023 (CBOT:ZW.H23)
Sidelines Mode (+55) - ZW.H23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ZW.H23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZW.H23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZW.H23
The long-term trend has been UP since Apr 21st, 2021 at 645.5
The intermediate-term trend has been UP since Jun 3rd, 2021 at 705.0
The short-term trend has been DOWN since Jun 9th, 2021 at 710.0
Smart Scan Analysis for ZW.H23
Based on our trend formula, ZW.H23 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).