Future Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
WHEAT May 2021 (CBOT:ZW.K21)
Bull Market Weakness (+75) - ZW.K21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZW.K21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ZW.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZW.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZW.K21
The long-term trend has been UP since Aug 27th, 2020 at 559.25
The intermediate-term trend has been UP since Feb 19th, 2021 at 668.50
The short-term trend has been DOWN since Feb 26th, 2021 at 668.75
Smart Scan Analysis for ZW.K21
Based on our trend formula, ZW.K21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).