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Future Trend Analysis Report

Prepared for you on Tuesday, March 26, 2019.

HARD RED SPRING WHEAT DECEMBER 2019 (MGEX:@MW.Z19)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

MGEX_@MW.Z19
Open High Low @MW.Z19 Price Change
585.00 585.00 585.00 585.00 -0.75
Entry Signal

MarketClub’s Trade Triangles for @MW.Z19

long term down The long term trend has been DOWN since Nov 16th, 2018 at 610.75

intermediate term up The intermediate term trend has been UP since Mar 22nd, 2019 at 588.50

short term up The short term trend has been UP since Mar 12th, 2019 at 575.25

Smart Scan Analysis for @MW.Z19

Based on a pre-defined weighted trend formula for chart analysis, @MW.Z19 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for @MW.Z19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
585.00 585.00 585.00 585.00 -0.75
Prev. Close Volume Bid Ask Time
584.5 2 582.00 587.00 2019-03-25 01:13:09
52wk High201852wk Low567.5
52wk Low Date2019-03-11Volatility10.9
Expiration2019-12-13
Want to analyze HARD RED SPRING WHEAT DECEMBER 2019 @MW.Z19 or another symbol? Try our Free Future Trend Analysis Report.