Future Trend Analysis Report
Prepared for you on Tuesday, August 20, 2019.
CORN Dec 2021 (CBOT:ZC.Z21)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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.Z21
The long term trend has been UP since Jul 12th, 2019 at 421.00
The intermediate term trend has been DOWN since Aug 6th, 2019 at 416.75
The short term trend has been DOWN since Aug 12th, 2019 at 418.25
Smart Scan Analysis for ZC.Z21
Based on a pre-defined weighted trend formula for chart analysis, ZC.Z21 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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