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Index Trend Analysis Report

Prepared for you on Monday, June 17, 2019.

HARD RED WINTER WHEAT INDEX (MGEX:IH)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_IH
Open High Low IH Price Change
456.06 456.06 456.06 456.06 +6.57
Entry Signal

MarketClub’s Trade Triangles for IH

long term up The long term trend has been UP since Jun 4th, 2019 at 460.72

intermediate term up The intermediate term trend has been UP since May 20th, 2019 at 400.95

short term up The short term trend has been UP since Jun 12th, 2019 at 434.47

Smart Scan Analysis for IH

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

+100
Smart Scan Analysis for IH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
456.06 456.06 456.06 456.06 +6.57
Prev. Close Volume Bid Ask Time
449.49 0 0.00 0.00 2019-06-17 08:03:16
52wk High201852wk High Date2018-08-07
52wk Low376.8952wk Low Date2019-05-01
Open Time20:00Close Time14:45
Want to analyze HARD RED WINTER WHEAT INDEX IH or another symbol? Try our Free Index Trend Analysis Report.