Future Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
COFFEE DECEMBER 2021 (ICE:@KC.Z21)
Sidelines Mode (+55) - @KC.Z21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid @KC.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KC.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KC.Z21
The long-term trend has been DOWN since Nov 2nd, 2020 at 112.25
The intermediate-term trend has been UP since Nov 9th, 2020 at 116.75
The short-term trend has been DOWN since Nov 23rd, 2020 at 123.25
Smart Scan Analysis for @KC.Z21
Based on our trend formula, @KC.Z21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||153.95||52wk High Date||2019-12-13|
|52wk Low||105.2||52wk Low Date||2020-06-15|