Future Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
WHEAT Dec 2021 (CBOT:ZW.Z21)
Countertrend Up (+85) - ZW.Z21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Aug 27th, 2020 at 571.00
The intermediate-term trend has been UP since Feb 18th, 2021 at 651.00
The short-term trend has been DOWN since Feb 25th, 2021 at 655.75
Smart Scan Analysis for ZW.Z21
Based on our trend formula, ZW.Z21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).