Future Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
WHEAT Jul 2023 (CBOT:ZW.N23)
Weak Downtrend (-65) - ZW.N23 is showing signs of a strengthening downtrend. Monitor ZW.N23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ZW.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZW.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZW.N23
The long-term trend has been DOWN since Jul 1st, 2022 at 875.5
The intermediate-term trend has been DOWN since Feb 22nd, 2023 at 760.5
The short-term trend has been UP since Mar 24th, 2023 at 693.5
Smart Scan Analysis for ZW.N23
Based on our trend formula, ZW.N23 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).