Future Trend Analysis Report
Prepared for you on Saturday, April 4, 2020.
WHEAT Jul 2021 (CBOT:ZW.N21)
Sidelines Mode (-55) - ZW.N21 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.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZW.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZW.N21
The long-term trend has been DOWN since Feb 28th, 2020 at 534.0
The intermediate-term trend has been UP since Mar 24th, 2020 at 546.5
The short-term trend has been DOWN since Apr 2nd, 2020 at 550.0
Smart Scan Analysis for ZW.N21
Based on our trend formula, ZW.N21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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