Future Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
CORN May 2024 (CBOT:ZC.K24)
Crossroads (+60) - ZC.K24 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ZC.K24?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZC.K24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZC.K24
The long-term trend has been DOWN since Jul 1st, 2022 at 597.75
The intermediate-term trend has been UP since Aug 8th, 2022 at 593.50
The short-term trend has been UP since Jul 28th, 2022 at 578.00
Smart Scan Analysis for ZC.K24
Based on our trend formula, ZC.K24 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).