Spread Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
COFFEE JUL 21/MAY 22 (ICE:@KC.N21-@KC.K22)
Long-Term Downtrend (-90) - @KC.N21-@KC.K22 is in a strong downtrend that is likely to continue. While @KC.N21-@KC.K22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @KC.N21-@KC.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KC.N21-@KC.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KC.N21-@KC.K22
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 @KC.N21-@KC.K22
Based on our trend formula, @KC.N21-@KC.K22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||-3.5||52wk High Date||2020-09-16|
|52wk Low||-3.5||52wk Low Date||2020-09-16|