Future Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
WHEAT Dec 2022 (CBOT:ZW.Z22)
Countertrend Up (+85) - ZW.Z22 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.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.
MarketClub’s Trade Triangles for ZW.Z22
The long-term trend has been UP since Oct 1st, 2020 at 580.0
The intermediate-term trend has been UP since Nov 10th, 2020 at 607.0
The short-term trend has been UP since Nov 24th, 2020 at 596.5
Smart Scan Analysis for ZW.Z22
Based on our trend formula, ZW.Z22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).