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Future Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

HARD RED SPRING WHEAT MARCH 2023 (MGEX:@MW.H23)

Strong Downtrend (-100) - @MW.H23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @MW.H23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid @MW.H23?

MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.H23.

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

MGEX_@MW.H23
Open High Low @MW.H23 Price Change
924.00 930.25 904.75 906.50 -17.00
Entry Signal

MarketClub’s Trade Triangles for @MW.H23

long term down The long-term trend has been DOWN since Jul 1st, 2022 at 1015.75

intermediate term down The intermediate-term trend has been DOWN since Jun 1st, 2022 at 1195.00

short term down The short-term trend has been DOWN since Aug 17th, 2022 at 919.75

Smart Scan Analysis for @MW.H23

Based on our trend formula, @MW.H23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for @MW.H23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
924.00 930.25 904.75 906.50 -17.00
Prev. Close Volume Bid Ask Time
906.25 276 906.50 907.00 2022-08-17 11:18:03
52wk High1390.2552wk High Date2022-05-16
52wk Low853.552wk Low Date2022-01-18
Volatility34.85Expiration2023-03-14
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