Future Trend Analysis Report
Prepared for you on Wednesday, December 2, 2020.
CORN Dec 2023 (CBOT:ZC.Z23)
Sidelines Mode (+55) - ZC.Z23 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.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZC.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZC.Z23
The long-term trend has been UP since Aug 14th, 2020 at 385.00
The intermediate-term trend has been UP since Nov 18th, 2020 at 396.25
The short-term trend has been DOWN since Nov 24th, 2020 at 395.75
Smart Scan Analysis for ZC.Z23
Based on our trend formula, ZC.Z23 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).