Future Trend Analysis Report
Prepared for you on Thursday, November 21, 2019.
HARD RED WINTER WHEAT SEPTEMBER 2020 (KCBT:@KW.U20)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
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.U20
The long term trend has been DOWN since Aug 1st, 2019 at 484.25
The intermediate term trend has been UP since Sep 19th, 2019 at 456.00
The short term trend has been DOWN since Oct 22nd, 2019 at 465.75
Smart Scan Analysis for @KW.U20
Based on a pre-defined weighted trend formula for chart analysis, @KW.U20 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||620||52wk High Date||2018-08-02|
|52wk Low||431.75||52wk Low Date||2019-09-04|