Future Trend Analysis Report
Prepared for you on Sunday, October 1, 2023.
COFFEE DECEMBER 2023 (ICE:@KC.Z23)
Strong Downtrend (-100) - @KC.Z23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @KC.Z23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @KC.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KC.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KC.Z23
The long-term trend has been DOWN since Jun 23rd, 2023 at 163.30
The intermediate-term trend has been DOWN since Sep 28th, 2023 at 147.30
The short-term trend has been DOWN since Sep 21st, 2023 at 157.65
Smart Scan Analysis for @KC.Z23
Based on our trend formula, @KC.Z23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||246.25||52wk High Date||2021-11-24|
|52wk Low||135.6||52wk Low Date||2021-02-12|