Future Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
COCOA JULY 2022 (ICE:@CC.N22)
Sidelines Mode (+55) - @CC.N22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid @CC.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CC.N22
The long-term trend has been UP since Aug 12th, 2021 at 2609
The intermediate-term trend has been UP since Oct 1st, 2021 at 2703
The short-term trend has been DOWN since Oct 11th, 2021 at 2705
Smart Scan Analysis for @CC.N22
Based on our trend formula, @CC.N22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2773||52wk High Date||2021-10-05|
|52wk Low||2275||52wk Low Date||2020-11-02|