Future Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
CORN (MINI) Dec 2020 (CBOT:XC.Z20)
Long-Term Downtrend (-90) - XC.Z20 is in a strong downtrend that is likely to continue. While XC.Z20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid XC.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for XC.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XC.Z20
The long-term trend has been DOWN since Aug 4th, 2020 at 323.00
The intermediate-term trend has been DOWN since Jul 26th, 2020 at 330.50
The short-term trend has been DOWN since Jul 26th, 2020 at 333.75
Smart Scan Analysis for XC.Z20
Based on our trend formula, XC.Z20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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