Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Monday, November 23, 2020.

HARD RED SPRING WHEAT JULY 2021 (MGEX:@MW.N21)

Crossroads (-60) - @MW.N21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid @MW.N21?

MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.N21.

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

MGEX_@MW.N21
Open High Low @MW.N21 Price Change
579.75 583.75 578.50 580.00 +0.25
Entry Signal

MarketClub’s Trade Triangles for @MW.N21

long term up The long-term trend has been UP since Sep 18th, 2020 at 579.25

intermediate term down The intermediate-term trend has been DOWN since Nov 2nd, 2020 at 570.75

short term down The short-term trend has been DOWN since Nov 20th, 2020 at 580.00

Smart Scan Analysis for @MW.N21

Based on our trend formula, @MW.N21 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for @MW.N21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
579.75 583.75 578.50 580.00 +0.25
Prev. Close Volume Bid Ask Time
578.00 203 580.00 580.50 2020-11-20 11:50:14
52wk High603.552wk High Date2020-10-21
52wk Low540.552wk Low Date2020-08-12
Volatility13.18Expiration2021-07-14
Get a free daily analysis and signals for HARD RED SPRING WHEAT JULY 2021 (@MW.N21) - Request Your Free Report.