Future Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
WHEAT Sep 2024 (CBOT:ZW.U24)
Bear Market Rally (-75) - ZW.U24 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZW.U24 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ZW.U24?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZW.U24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZW.U24
The long-term trend has been DOWN since Sep 1st, 2023 at 666.50
The intermediate-term trend has been DOWN since Aug 14th, 2023 at 706.50
The short-term trend has been UP since Sep 27th, 2023 at 656.25
Smart Scan Analysis for ZW.U24
Based on our trend formula, ZW.U24 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).