Future Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
CORN May 2022 (CBOT:ZC.K22)
Sidelines Mode (-55) - ZC.K22 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.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZC.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZC.K22
The long-term trend has been DOWN since Sep 10th, 2021 at 520.25
The intermediate-term trend has been DOWN since Oct 13th, 2021 at 529.25
The short-term trend has been UP since Oct 15th, 2021 at 540.00
Smart Scan Analysis for ZC.K22
Based on our trend formula, ZC.K22 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).