Future Trend Analysis Report
Prepared for you on Friday, June 9, 2023.
CORN Sep 2024 (CBOT:ZC.U24)
Sidelines Mode (-55) - ZC.U24 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.U24?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZC.U24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZC.U24
The long-term trend has been DOWN since Jan 6th, 2023 at 567.75
The intermediate-term trend has been UP since Jun 4th, 2023 at 522.50
The short-term trend has been DOWN since Jun 7th, 2023 at 514.00
Smart Scan Analysis for ZC.U24
Based on our trend formula, ZC.U24 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).