Future Trend Analysis Report
Prepared for you on Saturday, October 31, 2020.
COCOA JULY 2021 (ICE:@CC.N21)
Weak Downtrend (-65) - @CC.N21 is showing signs of a strengthening downtrend. Monitor @CC.N21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid @CC.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CC.N21
The long-term trend has been UP since Aug 3rd, 2020 at 2418
The intermediate-term trend has been DOWN since Oct 1st, 2020 at 2500
The short-term trend has been DOWN since Oct 29th, 2020 at 2416
Smart Scan Analysis for @CC.N21
Based on our trend formula, @CC.N21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2671||52wk High Date||2020-09-03|
|52wk Low||2129||52wk Low Date||2020-07-08|