Future Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
WHEAT Dec 2021 (CBOT:ZW.Z21)
Strong Downtrend (-100) - ZW.Z21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZW.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZW.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZW.Z21
The long-term trend has been DOWN since Feb 28th, 2020 at 549.50
The intermediate-term trend has been DOWN since Aug 5th, 2020 at 548.75
The short-term trend has been DOWN since Aug 3rd, 2020 at 557.00
Smart Scan Analysis for ZW.Z21
Based on our trend formula, ZW.Z21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).