Future Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
WHEAT Jul 2024 (CBOT:ZW.N24)
Strong Downtrend (-100) - ZW.N24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZW.N24 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZW.N24?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZW.N24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZW.N24
The long-term trend has been DOWN since Jul 5th, 2022 at 802.75
The intermediate-term trend has been DOWN since Jun 23rd, 2022 at 903.75
The short-term trend has been DOWN since Aug 15th, 2022 at 802.00
Smart Scan Analysis for ZW.N24
Based on our trend formula, ZW.N24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).