Future Trend Analysis Report
Prepared for you on Saturday, October 31, 2020.
COCOA MAY 2021 (ICE:@CC.K21)
Weak Downtrend (-65) - @CC.K21 is showing signs of a strengthening downtrend. Monitor @CC.K21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid @CC.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CC.K21
The long-term trend has been UP since Aug 3rd, 2020 at 2412
The intermediate-term trend has been DOWN since Sep 30th, 2020 at 2507
The short-term trend has been DOWN since Oct 30th, 2020 at 2413
Smart Scan Analysis for @CC.K21
Based on our trend formula, @CC.K21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2682||52wk High Date||2020-02-18|
|52wk Low||2122||52wk Low Date||2020-07-08|