Future Trend Analysis Report
Prepared for you on Sunday, March 26, 2023.
CORN Dec 2023 (CBOT:ZC.Z23)
Long-Term Downtrend (-90) - ZC.Z23 is in a strong downtrend that is likely to continue. While ZC.Z23 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZC.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZC.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZC.Z23
The long-term trend has been DOWN since Dec 1st, 2022 at 603.25
The intermediate-term trend has been DOWN since Jan 5th, 2023 at 593.00
The short-term trend has been DOWN since Mar 24th, 2023 at 549.50
Smart Scan Analysis for ZC.Z23
Based on our trend formula, ZC.Z23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).