Future Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
CORN Sep 2023 (CBOT:ZC.U23)
Sidelines Mode (-55) - ZC.U23 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.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZC.U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZC.U23
The long-term trend has been DOWN since Dec 1st, 2022 at 615.00
The intermediate-term trend has been DOWN since Jan 5th, 2023 at 606.00
The short-term trend has been UP since Mar 27th, 2023 at 569.75
Smart Scan Analysis for ZC.U23
Based on our trend formula, ZC.U23 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).