Future Trend Analysis Report
Prepared for you on Sunday, January 29, 2023.
WHEAT TAS Mar 2023 (CBOT:ZWT.H23)
Long-Term Downtrend (-90) - ZWT.H23 is in a strong downtrend that is likely to continue. While ZWT.H23 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 ZWT.H23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZWT.H23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZWT.H23
The long-term trend has been DOWN since Nov 2nd, 2022 at -0.25
The intermediate-term trend has been DOWN since Dec 13th, 2022 at -0.25
The short-term trend has been DOWN since Dec 27th, 2022 at -0.25
Smart Scan Analysis for ZWT.H23
Based on our trend formula, ZWT.H23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).