Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Monday, May 29, 2023.

COCOA JULY 2023 (NYMEX:QCJ.N23)

Bear Market Rally (-75) - QCJ.N23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QCJ.N23 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid QCJ.N23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCJ.N23.

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

NYMEX_QCJ.N23
Open High Low QCJ.N23 Price Change
3017 3017 3017 3017 0
Entry Signal

MarketClub’s Trade Triangles for QCJ.N23

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.N23

Based on our trend formula, QCJ.N23 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for QCJ.N23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3017 3017 3017 3017 0
Prev. Close Volume Bid Ask Time
3017 0 2023-05-26 00:00:00
Volatility16.35Expiration2023-06-16
Get a free daily analysis and signals for COCOA JULY 2023 (QCJ.N23) - Request Your Free Report.