Spread Trend Analysis Report
Prepared for you on Tuesday, May 24, 2022.
COCOA DEC 22/DEC 23 (ICE:@[email protected])
Strong Downtrend (-100) - @[email protected] is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @[email protected] continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @[email protected]?
MarketClub looks at technical strength and momentum to determine if the timing is right for @[email protected]
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @[email protected]
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 @[email protected]
Based on our trend formula, @[email protected] is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||97||52wk High Date||2022-03-07|
|52wk Low||-1.00000000||52wk Low Date||2022-05-19|