Future Trend Analysis Report
Prepared for you on Friday, May 24, 2019.
COCOA MAY 2019 (ICE:@CC.K19)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.K19
The long term trend has been UP since Nov 7th, 2018 at 2405
The intermediate term trend has been DOWN since Apr 24th, 2019 at 2276
The short term trend has been UP since Apr 30th, 2019 at 2327
Smart Scan Analysis for @CC.K19
Based on a pre-defined weighted trend formula for chart analysis, @CC.K19 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk Low||1915|
|52wk Low Date||2017-12-22||Volatility||24.01|