Future Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
COCOA Mar 2022 (NYMEX:QCJ.H22)
Sidelines Mode (-55) - QCJ.H22 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 QCJ.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCJ.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCJ.H22
The long-term trend has been UP since Aug 13th, 2021 at 2605
The intermediate-term trend has been DOWN since Sep 27th, 2021 at 2628
The short-term trend has been UP since Oct 1st, 2021 at 2642
Smart Scan Analysis for QCJ.H22
Based on our trend formula, QCJ.H22 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).