Future Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
CORN Jul 2023 (CBOT:ZC.N23)
Sidelines Mode (-55) - ZC.N23 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.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZC.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZC.N23
The long-term trend has been DOWN since Dec 2nd, 2022 at 652.25
The intermediate-term trend has been DOWN since Feb 23rd, 2023 at 657.00
The short-term trend has been UP since Mar 24th, 2023 at 614.00
Smart Scan Analysis for ZC.N23
Based on our trend formula, ZC.N23 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).