Future Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
CORN Dec 2024 (CBOT:ZC.Z24)
Bull Market Weakness (+75) - ZC.Z24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZC.Z24 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ZC.Z24?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZC.Z24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZC.Z24
The long-term trend has been UP since Jun 20th, 2023 at 547.50
The intermediate-term trend has been DOWN since Nov 10th, 2023 at 508.25
The short-term trend has been UP since Dec 8th, 2023 at 515.50
Smart Scan Analysis for ZC.Z24
Based on our trend formula, ZC.Z24 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).