Future Trend Analysis Report
Prepared for you on Saturday, April 20, 2019.
COCOA MARCH 2020 (ICE:@CC.H20)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for @CC.H20
The long term trend has been UP since Dec 26th, 2018 at 2438
The intermediate term trend has been UP since Apr 4th, 2019 at 2312
The short term trend has been DOWN since Apr 11th, 2019 at 2387
Smart Scan Analysis for @CC.H20
Based on a pre-defined weighted trend formula for chart analysis, @CC.H20 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk Low||2103|
|52wk Low Date||2018-10-01||Volatility||21.93|