Future Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
COCOA MAY 2021 (NYMEX:QCJ.K21)
Weak Downtrend (-65) - QCJ.K21 is showing signs of a strengthening downtrend. Monitor QCJ.K21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QCJ.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCJ.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCJ.K21
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QCJ.K21
Based on our trend formula, QCJ.K21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).