Future Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
COFFEE May 2023 (NYMEX:QKT.K23)
Bull Market Weakness (+75) - QKT.K23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QKT.K23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QKT.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QKT.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QKT.K23
The long-term trend has been UP since Jul 20th, 2021 at 1.7375
The intermediate-term trend has been UP since Sep 30th, 2021 at 2.0030
The short-term trend has been UP since Sep 29th, 2021 at 1.9510
Smart Scan Analysis for QKT.K23
Based on our trend formula, QKT.K23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).