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Future Trend Analysis Report

Prepared for you on Monday, August 10, 2020.

HARD RED SPRING WHEAT SEPTEMBER 2020 (MGEX:@MW.U20)

Strong Downtrend (-100) - @MW.U20 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.U20?

MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.U20.

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

MGEX_@MW.U20
Open High Low @MW.U20 Price Change
494.00 494.25 491.00 491.50 -3.00
Entry Signal

MarketClub’s Trade Triangles for @MW.U20

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 537.25

intermediate term down The intermediate-term trend has been DOWN since Jun 25th, 2020 at 523.75

short term down The short-term trend has been DOWN since Aug 2nd, 2020 at 509.25

Smart Scan Analysis for @MW.U20

Based on our trend formula, @MW.U20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for @MW.U20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
494.00 494.25 491.00 491.50 -3.00
Prev. Close Volume Bid Ask Time
494.50 982 491.25 491.50 2020-08-10 10:57:00
52wk High60852wk High Date2019-06-03
52wk Low49152wk Low Date2020-08-07
Volatility16.12Expiration2020-09-14
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