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Future Trend Analysis Report

Prepared for you on Friday, May 27, 2022.

WHEAT May 2023 (CBOT:ZW.K23)

Long-Term Uptrend (+90) - ZW.K23 is in a strong uptrend that is likely to continue. While ZW.K23 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid ZW.K23?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZW.K23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CBOT_ZW.K23
Open High Low ZW.K23 Price Change
1148.25 1173.00 1141.50 1165.50 +15.00
Entry Signal

MarketClub’s Trade Triangles for ZW.K23

long term up The long-term trend has been UP since Apr 14th, 2021 at 636.75

intermediate term up The intermediate-term trend has been UP since Jan 23rd, 2022 at 787.50

short term up The short-term trend has been UP since May 27th, 2022 at 1162.75

Smart Scan Analysis for ZW.K23

Based on our trend formula, ZW.K23 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for ZW.K23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1148.25 1173.00 1141.50 1165.50 +15.00
Prev. Close Volume Bid Ask Time
1150.50 1256 2022-05-27 14:18:20
Expiration2023-05-12Open Time20:00
Close Time14:20
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