Future Trend Analysis Report
Prepared for you on Wednesday, June 16, 2021.
COCOA MAY 2022 (ICE:@CC.K22)
Sidelines Mode (-55) - @CC.K22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid @CC.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CC.K22
The long-term trend has been UP since Nov 24th, 2020 at 2625
The intermediate-term trend has been DOWN since Jun 7th, 2021 at 2457
The short-term trend has been UP since Jun 9th, 2021 at 2485
Smart Scan Analysis for @CC.K22
Based on our trend formula, @CC.K22 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2652||52wk High Date||2020-11-24|
|52wk Low||2173||52wk Low Date||2020-07-01|