Index Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
Teucrium Corn Index (GIF:TCORN)
Strong Downtrend (-100) - TCORN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TCORN?
MarketClub looks at technical strength and momentum to determine if the timing is right for TCORN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TCORN
The long-term trend has been DOWN since Sep 3rd, 2019 at 82.454
The intermediate-term trend has been DOWN since Jul 28th, 2020 at 67.920
The short-term trend has been DOWN since Jul 27th, 2020 at 68.386
Smart Scan Analysis for TCORN
Based on our trend formula, TCORN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).