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Future Trend Analysis Report

Prepared for you on Thursday, January 27, 2022.

HARD RED SPRING WHEAT JULY 2022 (MGEX:@MW.N22)

Countertrend Down (-85) - @MW.N22 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid @MW.N22?

MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.N22.

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

MGEX_@MW.N22
Open High Low @MW.N22 Price Change
935.00 935.00 906.50 910.25 -28.25
Entry Signal

MarketClub’s Trade Triangles for @MW.N22

long term down The long-term trend has been DOWN since Jan 18th, 2022 at 879

intermediate term down The intermediate-term trend has been DOWN since Dec 30th, 2021 at 967

short term up The short-term trend has been UP since Jan 19th, 2022 at 922

Smart Scan Analysis for @MW.N22

Based on our trend formula, @MW.N22 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for @MW.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
935.00 935.00 906.50 910.25 -28.25
Prev. Close Volume Bid Ask Time
910.25 1740 905.00 919.00 2022-01-26 14:18:11
52wk High1024.2552wk High Date2021-11-28
52wk Low61552wk Low Date2021-01-24
Volatility19.68Expiration2022-07-14
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