Future Trend Analysis Report
Prepared for you on Sunday, August 1, 2021.
COCOA SEPTEMBER 2021 (NYMEX:QCJ.U21)
Weak Downtrend (-65) - QCJ.U21 is showing signs of a strengthening downtrend. Monitor QCJ.U21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QCJ.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCJ.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCJ.U21
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.U21
Based on our trend formula, QCJ.U21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).