Future Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
WHEAT Jul 2020 (CBOT:ZW.N20)
Sidelines Mode (-55) - ZW.N20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ZW.N20?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZW.N20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZW.N20
The long-term trend has been DOWN since Mar 6th, 2020 at 514.00
The intermediate-term trend has been DOWN since Apr 16th, 2020 at 534.50
The short-term trend has been UP since May 20th, 2020 at 502.75
Smart Scan Analysis for ZW.N20
Based on our trend formula, ZW.N20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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