
Future Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
HARD RED SPRING WHEAT DECEMBER 2023 (MGEX:@MW.Z23)
Bull Market Weakness (+75) - @MW.Z23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @MW.Z23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid @MW.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for @MW.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for @MW.Z23
The long-term trend has been DOWN since Jun 27th, 2022 at 978.00
The intermediate-term trend has been UP since Mar 27th, 2023 at 867.25
The short-term trend has been UP since Mar 24th, 2023 at 859.00
Smart Scan Analysis for @MW.Z23
Based on our trend formula, @MW.Z23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Open | High | Low | Price | Change |
---|---|---|---|---|
869.75 | 883.50 | 869.00 | 881.00 | +10.00 |
Prev. Close | Volume | Bid | Ask | Time |
871.00 | 342 | 880.25 | 881.00 | 2023-03-28 13:38:51 |
52wk High | 1105 | 52wk High Date | 2022-05-27 |
52wk Low | 817 | 52wk Low Date | 2023-03-10 |
Volatility | 13.52 | Expiration | 2023-12-14 |