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Future Trend Analysis Report

Prepared for you on Wednesday, January 20, 2021.

COCOA MAY 2021 (ICE:@CC.K21)

Bull Market Weakness (+75) - @CC.K21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @CC.K21 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid @CC.K21?

MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.K21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low @CC.K21 Price Change
2550 2572 2512 2523 -18
Entry Signal

MarketClub’s Trade Triangles for @CC.K21

long term up The long-term trend has been UP since Nov 20th, 2020 at 2680

intermediate term down The intermediate-term trend has been DOWN since Dec 16th, 2020 at 2487

short term up The short-term trend has been UP since Jan 15th, 2021 at 2502

Smart Scan Analysis for @CC.K21

Based on our trend formula, @CC.K21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for @CC.K21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2550 2572 2512 2523 -18
Prev. Close Volume Bid Ask Time
2541 9441 2521 2523 2021-01-20 10:57:15
52wk High276152wk High Date2020-11-24
52wk Low212252wk Low Date2020-07-08
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