Future Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
COCOA MAY 2020 (ICE:@CC.K20)
Bear Market Rally (-75) - @CC.K20 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on @CC.K20 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid @CC.K20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.K20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CC.K20
The long-term trend has been DOWN since Mar 16th, 2020 at 2404
The intermediate-term trend has been DOWN since Feb 26th, 2020 at 2736
The short-term trend has been UP since Mar 24th, 2020 at 2271
Smart Scan Analysis for @CC.K20
Based on our trend formula, @CC.K20 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2935||52wk High Date||2020-02-07|
|52wk Low||2115||52wk Low Date||2018-10-01|