Spread Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
COFFEE DEC 20/DEC 21 (ICE:@KC.Z20-@KC.Z21)
Long-Term Downtrend (-90) - @KC.Z20-@KC.Z21 is in a strong downtrend that is likely to continue. While @KC.Z20-@KC.Z21 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.Z20-@KC.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KC.Z20-@KC.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KC.Z20-@KC.Z21
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.Z20-@KC.Z21
Based on our trend formula, @KC.Z20-@KC.Z21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||-4.5||52wk High Date||2020-03-26|
|52wk Low||-12.4||52wk Low Date||2019-03-08|