Future Trend Analysis Report
Prepared for you on Monday, March 20, 2023.
WHEAT Mar 2023 (CBOT:ZW.H23)
Strong Downtrend (-100) - ZW.H23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZW.H23 continues to fall. Traders should use caution and set stops.
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 DOWN since Jul 1st, 2022 at 912.50
The intermediate-term trend has been DOWN since Feb 22nd, 2023 at 748.25
The short-term trend has been DOWN since Mar 6th, 2023 at 691.25
Smart Scan Analysis for ZW.H23
Based on our trend formula, ZW.H23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).