Future Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
WHEAT Jul 2022 (CBOT:ZW.N22)
Countertrend Up (+85) - ZW.N22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid ZW.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZW.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZW.N22
The long-term trend has been UP since Jul 9th, 2020 at 550.00
The intermediate-term trend has been UP since Sep 26th, 2021 at 717.75
The short-term trend has been DOWN since Oct 27th, 2021 at 753.75
Smart Scan Analysis for ZW.N22
Based on our trend formula, ZW.N22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).