Future Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
WHEAT Sep 2021 (CBOT:ZW.U21)
Countertrend Up (+85) - ZW.U21 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.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZW.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZW.U21
The long-term trend has been UP since Aug 27th, 2020 at 559.50
The intermediate-term trend has been UP since Apr 9th, 2021 at 638.50
The short-term trend has been DOWN since May 10th, 2021 at 746.75
Smart Scan Analysis for ZW.U21
Based on our trend formula, ZW.U21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).