Future Trend Analysis Report
Prepared for you on Thursday, August 18, 2022.
COFFEE DECEMBER 2022 (ICE:@KC.Z22)
Crossroads (+60) - @KC.Z22 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid @KC.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KC.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KC.Z22
The long-term trend has been DOWN since Jul 14th, 2022 at 202.10
The intermediate-term trend has been UP since Aug 1st, 2022 at 217.35
The short-term trend has been UP since Aug 5th, 2022 at 216.50
Smart Scan Analysis for @KC.Z22
Based on our trend formula, @KC.Z22 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||253.4||52wk High Date||2022-02-09|
|52wk Low||112.05||52wk Low Date||2020-06-26|