Future Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
WHEAT Jul 2024 (CBOT:ZW.N24)
Long-Term Downtrend (-90) - ZW.N24 is in a strong downtrend that is likely to continue. While ZW.N24 is showing intraday strength, it remains in the confines of a bearish trend. 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 Sep 1st, 2023 at 650.75
The intermediate-term trend has been DOWN since Aug 14th, 2023 at 697.75
The short-term trend has been DOWN since Sep 28th, 2023 at 640.50
Smart Scan Analysis for ZW.N24
Based on our trend formula, ZW.N24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).