Future Trend Analysis Report
Prepared for you on Wednesday, February 19, 2020.
CORN May 2021 (CBOT:ZC.K21)
Long-Term Downtrend (-90) - ZC.K21 is in a strong downtrend that is likely to continue. While ZC.K21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZC.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZC.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZC.K21
The long-term trend has been DOWN since Sep 3rd, 2019 at 417.75
The intermediate-term trend has been DOWN since Jan 16th, 2020 at 410.25
The short-term trend has been DOWN since Feb 14th, 2020 at 403.50
Smart Scan Analysis for ZC.K21
Based on our trend formula, ZC.K21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).