Future Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
COFFEE DECEMBER 2019 (ICE:@KC.Z19)
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.Z19
The long term trend has been DOWN since Aug 20th, 2019 at 93.70
The intermediate term trend has been UP since Sep 9th, 2019 at 98.15
The short term trend has been DOWN since Sep 17th, 2019 at 101.15
Smart Scan Analysis for @KC.Z19
Based on a pre-defined weighted trend formula for chart analysis, @KC.Z19 scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||169.9||52wk High Date||2017-03-22|
|52wk Low||93.4||52wk Low Date||2019-08-20|