Future Trend Analysis Report
Prepared for you on Saturday, May 25, 2019.
HARD RED SPRING WHEAT JULY 2019 (MGEX:@MW.N19)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.N19
The long term trend has been DOWN since Jun 15th, 2018 at 628.25
The intermediate term trend has been UP since May 16th, 2019 at 531.00
The short term trend has been UP since May 24th, 2019 at 547.00
Smart Scan Analysis for @MW.N19
Based on a pre-defined weighted trend formula for chart analysis, @MW.N19 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk Low||506|
|52wk Low Date||2019-04-30||Volatility||15.61|