Future Trend Analysis Report
Prepared for you on Thursday, April 9, 2020.
CORN May 2020 (CBOT:ZC.K20)
Long-Term Downtrend (-90) - ZC.K20 is in a strong downtrend that is likely to continue. While ZC.K20 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 ZC.K20?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZC.K20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZC.K20
The long-term trend has been DOWN since Aug 20th, 2019 at 390.00
The intermediate-term trend has been DOWN since Jan 7th, 2020 at 390.25
The short-term trend has been DOWN since Mar 27th, 2020 at 344.75
Smart Scan Analysis for ZC.K20
Based on our trend formula, ZC.K20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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