Future Trend Analysis Report
Prepared for you on Sunday, February 16, 2020.
CORN (MINI) Mar 2020 (CBOT:XC.H20)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.
MarketClub’s Trade Triangles for XC.H20
The long term trend has been DOWN since Aug 21st, 2019 at 381.00
The intermediate term trend has been DOWN since Feb 14th, 2020 at 376.75
The short term trend has been DOWN since Feb 11th, 2020 at 380.00
Smart Scan Analysis for XC.H20
Based on a pre-defined weighted trend formula for chart analysis, XC.H20 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Open Time||20:00||Close Time||14:45|