Future Trend Analysis Report
Prepared for you on Thursday, January 23, 2020.
WHEAT May 2020 (CBOT:ZW.K20)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.K20
The long term trend has been UP since Nov 29th, 2019 at 541.25
The intermediate term trend has been UP since Nov 25th, 2019 at 526.50
The short term trend has been UP since Jan 21st, 2020 at 574.00
Smart Scan Analysis for ZW.K20
Based on a pre-defined weighted trend formula for chart analysis, ZW.K20 scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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