Future Trend Analysis Report
Prepared for you on Saturday, February 23, 2019.
WHEAT Jul 2020 (CBOT:ZW.N20)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.N20
The long term trend has been DOWN since Nov 9th, 2018 at 570.25
The intermediate term trend has been DOWN since Oct 24th, 2018 at 578.75
The short term trend has been DOWN since Feb 15th, 2019 at 547.75
Smart Scan Analysis for ZW.N20
Based on a pre-defined weighted trend formula for chart analysis, ZW.N20 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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