Future Trend Analysis Report
Prepared for you on Wednesday, November 13, 2019.
HARD RED WINTER WHEAT DECEMBER 2020 (KCBT:@KW.Z20)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.Z20
The long term trend has been DOWN since Aug 1st, 2019 at 505.25
The intermediate term trend has been DOWN since Nov 8th, 2019 at 464.75
The short term trend has been DOWN since Nov 8th, 2019 at 464.75
Smart Scan Analysis for @KW.Z20
Based on a pre-defined weighted trend formula for chart analysis, @KW.Z20 scored -70 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|