Future Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
COFFEE Sep 2022 (NYMEX:QKT.U22)
Long-Term Uptrend (+90) - QKT.U22 is in a strong uptrend that is likely to continue. While QKT.U22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QKT.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QKT.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QKT.U22
The long-term trend has been UP since Apr 26th, 2021 at 1.4705
The intermediate-term trend has been UP since Sep 27th, 2021 at 1.9865
The short-term trend has been UP since Sep 27th, 2021 at 1.9250
Smart Scan Analysis for QKT.U22
Based on our trend formula, QKT.U22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).