Future Trend Analysis Report
Prepared for you on Saturday, February 16, 2019.
HARD RED SPRING WHEAT MARCH 2019 (MGEX:@MW.H19)
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 @MW.H19
The long term trend has been DOWN since Nov 12th, 2018 at 576.25
The intermediate term trend has been UP since Jan 18th, 2019 at 574.25
The short term trend has been DOWN since Feb 15th, 2019 at 574.75
Smart Scan Analysis for @MW.H19
Based on a pre-defined weighted trend formula for chart analysis, @MW.H19 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2017||52wk Low||544.5|
|52wk Low Date||2018-12-27||Volatility||13.6|