Free Daily Analysis
Future Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
WHEAT Dec 2022 (CBOT:ZW.Z22)
Strong Downtrend (-100) - ZW.Z22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZW.Z22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZW.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZW.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ZW.Z22
The long-term trend has been DOWN since Jul 1st, 2022 at 900.75
The intermediate-term trend has been DOWN since Jun 1st, 2022 at 1091.75
The short-term trend has been DOWN since Jun 17th, 2022 at 1069.50
Smart Scan Analysis for ZW.Z22
Based on our trend formula, ZW.Z22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 859.5 | 859.5 | 825.5 | 825.5 | -37.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 857.5 | 19003 | 2022-07-05 12:35:06 |
| Expiration | 2022-12-14 | Open Time | 20:00 |
| Close Time | 14:20 |