Future Trend Analysis Report
Prepared for you on Saturday, August 8, 2020.
HARD RED WINTER WHEAT SEPTEMBER 2020 (KCBT:@KW.U20)
Long-Term Downtrend (-90) - @KW.U20 is in a strong downtrend that is likely to continue. While @KW.U20 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 @KW.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KW.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KW.U20
The long-term trend has been DOWN since Mar 12th, 2020 at 449.00
The intermediate-term trend has been DOWN since Aug 3rd, 2020 at 432.00
The short-term trend has been DOWN since Jul 27th, 2020 at 440.25
Smart Scan Analysis for @KW.U20
Based on our trend formula, @KW.U20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||620||52wk High Date||2018-08-02|
|52wk Low||409.75||52wk Low Date||2020-08-07|