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Future Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

COCOA JULY 2020 (ICE:@CC.N20)

Long-Term Downtrend (-90) - @CC.N20 is in a strong downtrend that is likely to continue. While @CC.N20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid @CC.N20?

MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.N20.

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

ICE_@CC.N20
Open High Low @CC.N20 Price Change
2269 2367 2269 2361 +101
Entry Signal

MarketClub’s Trade Triangles for @CC.N20

long term down The long-term trend has been DOWN since Mar 17th, 2020 at 2401

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2020 at 2747

short term down The short-term trend has been DOWN since Feb 12th, 2020 at 2879

Smart Scan Analysis for @CC.N20

Based on our trend formula, @CC.N20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for @CC.N20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2269 2367 2269 2361 +101
Prev. Close Volume Bid Ask Time
2260 23569 2020-04-06 13:29:53
52wk High293652wk High Date2020-02-07
52wk Low212952wk Low Date2018-10-01
Volatility22.83Expiration2020-07-16
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