Future Trend Analysis Report
Prepared for you on Thursday, June 20, 2019.
CORN Jul 2020 (CBOT:ZC.N20)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 ZC.N20
The long term trend has been UP since May 20th, 2019 at 423.75
The intermediate term trend has been UP since May 15th, 2019 at 414.50
The short term trend has been DOWN since Jun 19th, 2019 at 464.00
Smart Scan Analysis for ZC.N20
Based on a pre-defined weighted trend formula for chart analysis, ZC.N20 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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