Future Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
WHEAT May 2020 (CBOT:ZW.K20)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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.K20
The long term trend has been DOWN since Sep 3rd, 2019 at 472.25
The intermediate term trend has been UP since Sep 10th, 2019 at 487.50
The short term trend has been UP since Sep 5th, 2019 at 475.50
Smart Scan Analysis for ZW.K20
Based on a pre-defined weighted trend formula for chart analysis, ZW.K20 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Open Time||20:00||Close Time||14:20|