Future Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
COCOA DECEMBER 2021 (ICE:@CC.Z21)
Weak Uptrend (+65) - @CC.Z21 is showing signs of weakening momentum to the upside. Monitor @CC.Z21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid @CC.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CC.Z21
The long-term trend has been UP since Nov 24th, 2020 at 2650
The intermediate-term trend has been DOWN since May 4th, 2021 at 2393
The short-term trend has been UP since May 6th, 2021 at 2464
Smart Scan Analysis for @CC.Z21
Based on our trend formula, @CC.Z21 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2668||52wk High Date||2020-11-24|
|52wk Low||2124||52wk Low Date||2020-07-08|