Future Trend Analysis Report
Prepared for you on Monday, May 16, 2022.
CORN May 2024 (CBOT:ZC.K24)
Crossroads (-60) - ZC.K24 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ZC.K24?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZC.K24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZC.K24
The long-term trend has been UP since Jan 12th, 2022 at 520.00
The intermediate-term trend has been DOWN since May 9th, 2022 at 658.00
The short-term trend has been DOWN since May 2nd, 2022 at 681.75
Smart Scan Analysis for ZC.K24
Based on our trend formula, ZC.K24 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).