Future Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
WHEAT Dec 2019 (CBOT:ZW.Z19)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for ZW.Z19
The long term trend has been UP since Nov 27th, 2019 at 532.75
The intermediate term trend has been UP since Nov 25th, 2019 at 518.50
The short term trend has been DOWN since Dec 3rd, 2019 at 532.50
Smart Scan Analysis for ZW.Z19
Based on a pre-defined weighted trend formula for chart analysis, ZW.Z19 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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