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Future Trend Analysis Report

Prepared for you on Sunday, August 9, 2020.

WHEAT May 2021 (CBOT:ZW.K21)

Long-Term Downtrend (-90) - ZW.K21 is in a strong downtrend that is likely to continue. While ZW.K21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

CBOT_ZW.K21
Open High Low ZW.K21 Price Change
523.00 524.25 512.00 517.50 -6.00
Entry Signal

MarketClub’s Trade Triangles for ZW.K21

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 550.0

intermediate term down The intermediate-term trend has been DOWN since Aug 4th, 2020 at 536.5

short term down The short-term trend has been DOWN since Aug 3rd, 2020 at 541.5

Smart Scan Analysis for ZW.K21

Based on our trend formula, ZW.K21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ZW.K21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
523.00 524.25 512.00 517.50 -6.00
Prev. Close Volume Bid Ask Time
529.00 8474 2020-08-07 14:17:57
Expiration2021-05-14Open Time20:00
Close Time14:20
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