Analyze Symbol

Future Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

CORN May 2020 (CBOT:ZC.K20)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

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.

Open High Low ZC.K20 Price Change
390.75 393.50 390.50 391.25 +0.75
Entry Signal

MarketClub’s Trade Triangles for ZC.K20

long term down The long term trend has been DOWN since Aug 20th, 2019 at 390.00

intermediate term down The intermediate term trend has been DOWN since Jan 7th, 2020 at 390.25

short term up The short term trend has been UP since Jan 29th, 2020 at 393.00

Smart Scan Analysis for ZC.K20

Based on a pre-defined weighted trend formula for chart analysis, ZC.K20 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for ZC.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
390.75 393.50 390.50 391.25 +0.75
Prev. Close Volume Bid Ask Time
396.00 4297 2020-01-29 07:14:00
First Delivery2020-05-18Expiration2020-05-14
Open Time20:00Close Time14:20
Get a free daily report for CORN May 2020 (ZC.K20) - Free Trend Analysis Report.