Future Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
WHEAT Jul 2021 (CBOT:ZW.N21)
Crossroads (-60) - ZW.N21 is struggling to move into a solid trend. Beware of choppy markets 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 UP since Aug 27th, 2020 at 554.00
The intermediate-term trend has been DOWN since Nov 1st, 2020 at 589.25
The short-term trend has been DOWN since Nov 25th, 2020 at 599.00
Smart Scan Analysis for ZW.N21
Based on our trend formula, ZW.N21 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Open Time||20:00||Close Time||14:20|