Future Trend Analysis Report
Prepared for you on Monday, September 25, 2023.
COCOA MARCH 2024 (ICE:@CC.H24)
Sidelines Mode (+55) - @CC.H24 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid @CC.H24?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.H24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CC.H24
The long-term trend has been UP since Nov 10th, 2022 at 2467
The intermediate-term trend has been UP since Mar 27th, 2023 at 2715
The short-term trend has been DOWN since Sep 18th, 2023 at 3663
Smart Scan Analysis for @CC.H24
Based on our trend formula, @CC.H24 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3765||52wk High Date||2023-09-15|
|52wk Low||2188||52wk Low Date||2022-09-26|