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Future Trend Analysis Report

Prepared for you on Friday, August 7, 2020.

HARD RED SPRING WHEAT MARCH 2021 (MGEX:@MW.H21)

Strong Downtrend (-100) - @MW.H21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid @MW.H21?

MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.H21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

MGEX_@MW.H21
Open High Low @MW.H21 Price Change
530.50 532.75 530.00 531.25 +0.75
Entry Signal

MarketClub’s Trade Triangles for @MW.H21

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 566.0

intermediate term down The intermediate-term trend has been DOWN since Jun 16th, 2020 at 549.0

short term down The short-term trend has been DOWN since Jul 27th, 2020 at 537.5

Smart Scan Analysis for @MW.H21

Based on our trend formula, @MW.H21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for @MW.H21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
530.50 532.75 530.00 531.25 +0.75
Prev. Close Volume Bid Ask Time
525.50 187 530.50 531.25 2020-08-05 11:08:36
52wk High61152wk High Date2019-09-26
52wk Low525.552wk Low Date2020-08-06
Volatility13.28Expiration2021-03-12
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