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Future Trend Analysis Report

Prepared for you on Friday, February 28, 2020.

HARD RED SPRING WHEAT JULY 2020 (MGEX:@MW.N20)

Strong Downtrend (-100) - @MW.N20 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.N20?

MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.N20.

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

MGEX_@MW.N20
Open High Low @MW.N20 Price Change
538.00 538.75 533.50 534.25 -5.50
Entry Signal

MarketClub’s Trade Triangles for @MW.N20

long term down The long-term trend has been DOWN since Aug 1st, 2019 at 565.5

intermediate term down The intermediate-term trend has been DOWN since Jan 27th, 2020 at 560.5

short term down The short-term trend has been DOWN since Feb 24th, 2020 at 546.0

Smart Scan Analysis for @MW.N20

Based on our trend formula, @MW.N20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for @MW.N20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
538.00 538.75 533.50 534.25 -5.50
Prev. Close Volume Bid Ask Time
533.50 1425 534.00 534.25 2020-02-27 12:33:31
52wk High631.7552wk High Date2019-01-31
52wk Low522.7552wk Low Date2019-09-03
Volatility12.52Expiration2020-07-14
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