Future Trend Analysis Report
Prepared for you on Saturday, November 16, 2019.
CORN (MINI) Jul 2020 (CBOT:XC.N20)
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.N20
The long term trend has been DOWN since Aug 14th, 2019 at 402.750
The intermediate term trend has been DOWN since Nov 5th, 2019 at 405.375
The short term trend has been DOWN since Oct 28th, 2019 at 410.000
Smart Scan Analysis for XC.N20
Based on a pre-defined weighted trend formula for chart analysis, XC.N20 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Open Time||20:00||Close Time||14:45|