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Future Trend Analysis Report

Prepared for you on Monday, May 17, 2021.

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

Weak Downtrend (-65) - @MW.N21 is showing signs of a strengthening downtrend. Monitor @MW.N21 as it may be building momentum to the downside.

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
736.50 736.50 703.50 712.25 -28.50
Entry Signal

MarketClub’s Trade Triangles for @MW.N21

long term up The long-term trend has been UP since Apr 14th, 2021 at 666.25

intermediate term down The intermediate-term trend has been DOWN since May 16th, 2021 at 723.75

short term down The short-term trend has been DOWN since May 10th, 2021 at 784.75

Smart Scan Analysis for @MW.N21

Based on our trend formula, @MW.N21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for @MW.N21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
736.50 736.50 703.50 712.25 -28.50
Prev. Close Volume Bid Ask Time
740.75 6867 712.25 713.25 2021-05-17 13:08:58
52wk High807.2552wk High Date2021-05-07
52wk Low540.552wk Low Date2020-08-12
Volatility24.2Expiration2021-07-14
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