Future Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
WHEAT May 2019 (CBOT:ZW.K19)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for ZW.K19
The long term trend has been DOWN since Oct 25th, 2018 at 520.75
The intermediate term trend has been UP since Mar 25th, 2019 at 473.75
The short term trend has been UP since Mar 12th, 2019 at 444.25
Smart Scan Analysis for ZW.K19
Based on a pre-defined weighted trend formula for chart analysis, ZW.K19 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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