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Future Trend Analysis Report

Prepared for you on Saturday, August 8, 2020.

WHEAT Sep 2021 (CBOT:ZW.U21)

Long-Term Downtrend (-90) - ZW.U21 is in a strong downtrend that is likely to continue. While ZW.U21 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.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.

CBOT_ZW.U21
Open High Low ZW.U21 Price Change
533.5 533.5 523.0 527.5 -4.5
Entry Signal

MarketClub’s Trade Triangles for ZW.U21

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 544.00

intermediate term down The intermediate-term trend has been DOWN since Aug 5th, 2020 at 539.00

short term down The short-term trend has been DOWN since Aug 3rd, 2020 at 547.25

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).

-90
Smart Scan Analysis for ZW.U21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
533.5 533.5 523.0 527.5 -4.5
Prev. Close Volume Bid Ask Time
532.5 479 2020-08-07 14:12:26
Expiration2021-09-14Open Time20:00
Close Time14:20
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