Future Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
COCOA SEPTEMBER 2020 (ICE:@CC.U20)
Strong Downtrend (-100) - @CC.U20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @CC.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CC.U20
The long-term trend has been DOWN since Mar 16th, 2020 at 2388
The intermediate-term trend has been DOWN since May 22nd, 2020 at 2297
The short-term trend has been DOWN since May 22nd, 2020 at 2359
Smart Scan Analysis for @CC.U20
Based on our trend formula, @CC.U20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2894||52wk High Date||2020-02-14|
|52wk Low||2171||52wk Low Date||2018-10-04|