Future Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
CORN May 2023 (CBOT:ZC.K23)
Weak Downtrend (-65) - ZC.K23 is showing signs of a strengthening downtrend. Monitor ZC.K23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ZC.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZC.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZC.K23
The long-term trend has been DOWN since Dec 2nd, 2022 at 657.25
The intermediate-term trend has been DOWN since Feb 23rd, 2023 at 667.50
The short-term trend has been DOWN since Mar 21st, 2023 at 630.00
Smart Scan Analysis for ZC.K23
Based on our trend formula, ZC.K23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).