Future Trend Analysis Report
Prepared for you on Thursday, September 21, 2023.
CORN Sep 2023 (CBOT:ZC.U23)
Bear Market Rally (-75) - ZC.U23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZC.U23 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ZC.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZC.U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZC.U23
The long-term trend has been DOWN since Jun 30th, 2023 at 491.50
The intermediate-term trend has been DOWN since Aug 7th, 2023 at 480.25
The short-term trend has been UP since Sep 12th, 2023 at 472.25
Smart Scan Analysis for ZC.U23
Based on our trend formula, ZC.U23 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).