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Index Trend Analysis Report

Prepared for you on Friday, February 28, 2020.

NATIONAL CORN INDEX (MGEX:IC)

Weak Downtrend (-65) - IC is showing signs of a strengthening downtrend. Monitor IC as it may be building momentum to the downside.

Is it time to buy, sell, or avoid IC?

MarketClub looks at technical strength and momentum to determine if the timing is right for IC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

MGEX_IC
Open High Low IC Price Change
359.23 359.23 359.23 359.23 -1.74
Entry Signal

MarketClub’s Trade Triangles for IC

long term up The long-term trend has been UP since Jun 14th, 2019 at 408.97

intermediate term down The intermediate-term trend has been DOWN since Feb 18th, 2020 at 365.39

short term down The short-term trend has been DOWN since Feb 24th, 2020 at 366.48

Smart Scan Analysis for IC

Based on our trend formula, IC is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for IC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
359.23 359.23 359.23 359.23 -1.74
Prev. Close Volume Bid Ask Time
360.97 0 2020-02-27 08:15:09
52wk High444.8352wk High Date2019-07-15
52wk Low38.8452wk Low Date2019-06-06
Open Time20:00Close Time14:45
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