Future Trend Analysis Report
Prepared for you on Sunday, September 22, 2019.
HARD RED WINTER WHEAT MAY 2020 (KCBT:@KW.K20)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for @KW.K20
The long term trend has been DOWN since Aug 12th, 2019 at 451.75
The intermediate term trend has been DOWN since Jun 28th, 2019 at 513.00
The short term trend has been UP since Sep 10th, 2019 at 419.25
Smart Scan Analysis for @KW.K20
Based on a pre-defined weighted trend formula for chart analysis, @KW.K20 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||621.5||52wk High Date||2018-10-15|
|52wk Low||408.75||52wk Low Date||2019-09-03|