Future Trend Analysis Report
Prepared for you on Tuesday, December 6, 2022.
WHEAT TAS Dec 2022 (CBOT:ZWT.Z22)
Bear Market Rally (-75) - ZWT.Z22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZWT.Z22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ZWT.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZWT.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZWT.Z22
The long-term trend has been DOWN since May 18th, 2022 at -0.25
The intermediate-term trend has been DOWN since Sep 23rd, 2022 at -0.25
The short-term trend has been DOWN since Oct 31st, 2022 at -0.25
Smart Scan Analysis for ZWT.Z22
Based on our trend formula, ZWT.Z22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).