Future Trend Analysis Report
Prepared for you on Monday, January 20, 2020.
COFFEE SEPTEMBER 2020 (ICE:@KC.U20)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for @KC.U20
The long term trend has been UP since Nov 11th, 2019 at 114.70
The intermediate term trend has been DOWN since Jan 6th, 2020 at 130.90
The short term trend has been DOWN since Jan 2nd, 2020 at 133.75
Smart Scan Analysis for @KC.U20
Based on a pre-defined weighted trend formula for chart analysis, @KC.U20 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||158.15||52wk High Date||2017-11-08|
|52wk Low||102.15||52wk Low Date||2019-10-17|