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Future Trend Analysis Report

Prepared for you on Thursday, May 19, 2022.

COCOA Jul 2022 (NYMEX:QCJ.N22)

Long-Term Downtrend (-90) - QCJ.N22 is in a strong downtrend that is likely to continue. While QCJ.N22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QCJ.N22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCJ.N22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QCJ.N22
Open High Low QCJ.N22 Price Change
2513 2513 2513 2513 0
Entry Signal

MarketClub’s Trade Triangles for QCJ.N22

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QCJ.N22

Based on our trend formula, QCJ.N22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QCJ.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2513 2513 2513 2513 0
Prev. Close Volume Bid Ask Time
2513 0 2022-05-19 00:00:00
Volatility22.83Expiration2022-06-16
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