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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.

CBOT_ZW.Z20
Open High Low ZW.Z20 Price Change
505.00 507.25 503.00 506.50 +1.75
Entry Signal

MarketClub’s Trade Triangles for ZW.Z20

long term down The long-term trend has been DOWN since Mar 6th, 2020 at 532.50

intermediate term down The intermediate-term trend has been DOWN since Aug 3rd, 2020 at 525.75

short term down 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).

-90
Smart Scan Analysis for ZW.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
505.00 507.25 503.00 506.50 +1.75
Prev. Close Volume Bid Ask Time
515.50 7023 2020-08-14 07:42:23
First Delivery2020-12-10Expiration2020-12-14
Open Time20:00Close Time14:20
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