Future Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
CORN (MINI) Dec 2019 (CBOT:XC.Z19)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for XC.Z19
The long term trend has been DOWN since Aug 23rd, 2019 at 366.125
The intermediate term trend has been DOWN since Jun 28th, 2019 at 427.375
The short term trend has been UP since Sep 10th, 2019 at 360.125
Smart Scan Analysis for XC.Z19
Based on a pre-defined weighted trend formula for chart analysis, XC.Z19 scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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