Future Trend Analysis Report
Prepared for you on Wednesday, August 21, 2019.
CORN (MINI) Jul 2020 (CBOT:XC.N20)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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 402.75
The intermediate term trend has been DOWN since Jul 31st, 2019 at 444.25
The short term trend has been DOWN since Aug 12th, 2019 at 423.00
Smart Scan Analysis for XC.N20
Based on a pre-defined weighted trend formula for chart analysis, XC.N20 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Open Time||20:00||Close Time||14:45|