Future Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
COFFEE DECEMBER 2021 (ICE:@KC.Z21)
Countertrend Up (+85) - @KC.Z21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Jan 4th, 2021 at 135.50
The intermediate-term trend has been UP since Sep 28th, 2021 at 197.45
The short-term trend has been DOWN since Oct 18th, 2021 at 202.75
Smart Scan Analysis for @KC.Z21
Based on our trend formula, @KC.Z21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||217.85||52wk High Date||2021-07-26|
|52wk Low||105.2||52wk Low Date||2020-06-15|