Future Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
CORN Jul 2024 (CBOT:ZC.N24)
Sidelines Mode (-55) - ZC.N24 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ZC.N24?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZC.N24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZC.N24
The long-term trend has been DOWN since Jul 1st, 2022 at 595.75
The intermediate-term trend has been UP since Aug 9th, 2022 at 591.25
The short-term trend has been DOWN since Aug 16th, 2022 at 599.50
Smart Scan Analysis for ZC.N24
Based on our trend formula, ZC.N24 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).