Future Trend Analysis Report
Prepared for you on Monday, October 21, 2019.
CORN Sep 2020 (CBOT:ZC.U20)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.U20
The long term trend has been DOWN since Sep 3rd, 2019 at 397.00
The intermediate term trend has been UP since Sep 15th, 2019 at 402.75
The short term trend has been UP since Oct 11th, 2019 at 406.25
Smart Scan Analysis for ZC.U20
Based on a pre-defined weighted trend formula for chart analysis, ZC.U20 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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