Future Trend Analysis Report
Prepared for you on Monday, January 20, 2020.
HARD RED WINTER WHEAT DECEMBER 2020 (KCBT:@KW.Z20)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.Z20
The long term trend has been UP since Dec 16th, 2019 at 487.50
The intermediate term trend has been UP since Nov 25th, 2019 at 478.25
The short term trend has been DOWN since Jan 16th, 2020 at 522.75
Smart Scan Analysis for @KW.Z20
Based on a pre-defined weighted trend formula for chart analysis, @KW.Z20 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||623||52wk High Date||2018-10-05|
|52wk Low||450||52wk Low Date||2019-09-04|