Future Trend Analysis Report
Prepared for you on Tuesday, December 5, 2023.
CORN (MINI) Dec 2023 (CBOT:XC.Z23)
Countertrend Down (-85) - XC.Z23 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid XC.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for XC.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XC.Z23
The long-term trend has been DOWN since Jun 30th, 2023 at 495.000
The intermediate-term trend has been DOWN since Oct 30th, 2023 at 478.250
The short-term trend has been UP since Nov 30th, 2023 at 456.125
Smart Scan Analysis for XC.Z23
Based on our trend formula, XC.Z23 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).