Future Trend Analysis Report
Prepared for you on Monday, January 20, 2020.
CORN Dec 2021 (CBOT:ZC.Z21)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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 DOWN since Nov 8th, 2019 at 410.50
The intermediate term trend has been DOWN since Jan 16th, 2020 at 407.50
The short term trend has been DOWN since Jan 15th, 2020 at 410.25
Smart Scan Analysis for ZC.Z21
Based on a pre-defined weighted trend formula for chart analysis, ZC.Z21 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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