Future Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
WHEAT Sep 2021 (CBOT:ZW.U21)
Long-Term Uptrend (+90) - ZW.U21 is in a strong uptrend that is likely to continue. While ZW.U21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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 Feb 19th, 2021 at 649.00
The short-term trend has been UP since Feb 16th, 2021 at 634.75
Smart Scan Analysis for ZW.U21
Based on our trend formula, ZW.U21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).