Future Trend Analysis Report
Prepared for you on Saturday, June 19, 2021.
COCOA DECEMBER 2022 (ICE:@CC.Z22)
Weak Downtrend (-65) - @CC.Z22 is showing signs of a strengthening downtrend. Monitor @CC.Z22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid @CC.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CC.Z22
The long-term trend has been UP since Feb 24th, 2021 at 2511
The intermediate-term trend has been DOWN since Jun 4th, 2021 at 2454
The short-term trend has been DOWN since Jun 17th, 2021 at 2465
Smart Scan Analysis for @CC.Z22
Based on our trend formula, @CC.Z22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2613||52wk High Date||2021-05-17|
|52wk Low||2383||52wk Low Date||2021-02-17|