Future Trend Analysis Report
Prepared for you on Sunday, August 9, 2020.
CORN May 2022 (CBOT:ZC.K22)
Bear Market Rally (-75) - ZC.K22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZC.K22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ZC.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZC.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZC.K22
The long-term trend has been DOWN since Mar 16th, 2020 at 405.0
The intermediate-term trend has been DOWN since Jul 14th, 2020 at 379.5
The short-term trend has been UP since Aug 5th, 2020 at 378.0
Smart Scan Analysis for ZC.K22
Based on our trend formula, ZC.K22 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).