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Future Trend Analysis Report

Prepared for you on Friday, June 9, 2023.

COCOA MAY 2024 (ICE:@CC.K24)

Strong Uptrend (+100) - @CC.K24 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, @CC.K24 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid @CC.K24?

MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.K24.

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

Open High Low @CC.K24 Price Change
2999 3018 2986 2991 0
Entry Signal

MarketClub’s Trade Triangles for @CC.K24

long term up The long-term trend has been UP since Nov 9th, 2022 at 2445

intermediate term up The intermediate-term trend has been UP since Mar 30th, 2023 at 2697

short term up The short-term trend has been UP since May 18th, 2023 at 2935

Smart Scan Analysis for @CC.K24

Based on our trend formula, @CC.K24 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for @CC.K24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2999 3018 2986 2991 0
Prev. Close Volume Bid Ask Time
3033 4053 2023-06-06 13:26:31
52wk High309352wk High Date2023-06-08
52wk Low218652wk Low Date2022-09-26
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