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Future Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

HARD RED SPRING WHEAT MARCH 2020 (MGEX:@MW.H20)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.

MGEX_@MW.H20
Open High Low @MW.H20 Price Change
590.25 590.50 586.50 590.25 -0.75
Entry Signal

MarketClub’s Trade Triangles for @MW.H20

long term down The long term trend has been DOWN since Aug 10th, 2018 at 656.75

intermediate term up The intermediate term trend has been UP since Jan 22nd, 2019 at 614.00

short term up The short term trend has been UP since Jan 22nd, 2019 at 612.75

Smart Scan Analysis for @MW.H20

Based on a pre-defined weighted trend formula for chart analysis, @MW.H20 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for @MW.H20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
590.25 590.50 586.50 590.25 -0.75
Prev. Close Volume Bid Ask Time
591 520 587.75 590.25 2019-02-20 11:52:02
52wk High201852wk Low586.5
52wk Low Date2019-02-20Volatility9.65
Expiration2020-03-13
Want to analyze HARD RED SPRING WHEAT MARCH 2020 @MW.H20 or another symbol? Try our Free Future Trend Analysis Report.