Future Trend Analysis Report
Prepared for you on Friday, August 14, 2020.
WHEAT Dec 2020 (CBOT:ZW.Z20)
Long-Term Downtrend (-90) - ZW.Z20 is in a strong downtrend that is likely to continue. While ZW.Z20 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.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZW.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZW.Z20
The long-term trend has been DOWN since Mar 6th, 2020 at 532.50
The intermediate-term trend has been DOWN since Aug 3rd, 2020 at 525.75
The short-term trend has been DOWN since Aug 13th, 2020 at 498.25
Smart Scan Analysis for ZW.Z20
Based on our trend formula, ZW.Z20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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