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Future Trend Analysis Report

Prepared for you on Thursday, December 8, 2022.

HARD RED SPRING WHEAT DECEMBER 2022 (MGEX:@MW.Z22)

Strong Downtrend (-100) - @MW.Z22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @MW.Z22 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid @MW.Z22?

MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.Z22.

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

MGEX_@MW.Z22
Open High Low @MW.Z22 Price Change
912.75 912.75 912.75 904.00 -8.75
Entry Signal

MarketClub’s Trade Triangles for @MW.Z22

long term down The long-term trend has been DOWN since Jul 1st, 2022 at 1001.50

intermediate term down The intermediate-term trend has been DOWN since Nov 10th, 2022 at 938.25

short term down The short-term trend has been DOWN since Nov 30th, 2022 at 940.50

Smart Scan Analysis for @MW.Z22

Based on our trend formula, @MW.Z22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for @MW.Z22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
912.75 912.75 912.75 904.00 -8.75
Prev. Close Volume Bid Ask Time
906.50 0 901.75 926.00 2022-12-05 13:40:58
52wk High140052wk High Date2022-05-16
52wk Low66052wk Low Date2021-04-09
Volatility27.71Expiration2022-12-14
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