Future Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
COCOA JULY 2019 (ICE:@CC.N19)
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.N19
The long term trend has been UP since May 21st, 2019 at 2434
The intermediate term trend has been UP since May 21st, 2019 at 2407
The short term trend has been DOWN since Jul 3rd, 2019 at 2483
Smart Scan Analysis for @CC.N19
Based on a pre-defined weighted trend formula for chart analysis, @CC.N19 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk Low||1933|
|52wk Low Date||2017-12-22||Volatility||24.56|