Future Trend Analysis Report
Prepared for you on Thursday, August 13, 2020.
CORN May 2021 (CBOT:ZC.K21)
Sidelines Mode (-55) - ZC.K21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ZC.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZC.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZC.K21
The long-term trend has been DOWN since Aug 4th, 2020 at 341.50
The intermediate-term trend has been DOWN since Jul 29th, 2020 at 348.25
The short-term trend has been UP since Aug 10th, 2020 at 344.00
Smart Scan Analysis for ZC.K21
Based on our trend formula, ZC.K21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).