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Future Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

HARD RED SPRING WHEAT DECEMBER 2021 (MGEX:@MW.Z21)

Long-Term Uptrend (+90) - @MW.Z21 is in a strong uptrend that is likely to continue. While @MW.Z21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid @MW.Z21?

MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.Z21.

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

MGEX_@MW.Z21
Open High Low @MW.Z21 Price Change
959.00 980.00 957.50 968.75 +8.75
Entry Signal

MarketClub’s Trade Triangles for @MW.Z21

long term up The long-term trend has been UP since Aug 31st, 2020 at 583

intermediate term up The intermediate-term trend has been UP since Sep 27th, 2021 at 920

short term up The short-term trend has been UP since Oct 1st, 2021 at 924

Smart Scan Analysis for @MW.Z21

Based on our trend formula, @MW.Z21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for @MW.Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
959.00 980.00 957.50 968.75 +8.75
Prev. Close Volume Bid Ask Time
960.00 3506 965.25 970.00 2021-10-15 14:29:59
52wk High98052wk High Date2021-10-15
52wk Low56252wk Low Date2020-08-14
Volatility23.33Expiration2021-12-14
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