Future Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
COCOA MAY 2021 (ICE:@CC.K21)
Strong Downtrend (-100) - @CC.K21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for @CC.K21
The long-term trend has been DOWN since Mar 30th, 2021 at 2371
The intermediate-term trend has been DOWN since Mar 23rd, 2021 at 2465
The short-term trend has been DOWN since Mar 15th, 2021 at 2539
Smart Scan Analysis for @CC.K21
Based on our trend formula, @CC.K21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2761||52wk High Date||2020-11-24|
|52wk Low||2122||52wk Low Date||2020-07-08|