Future Trend Analysis Report
Prepared for you on Saturday, April 1, 2023.
COCOA JULY 2023 (ICE:@CC.N23)
Strong Uptrend (+100) - @CC.N23 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, @CC.N23 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.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CC.N23
The long-term trend has been UP since Nov 8th, 2022 at 2481
The intermediate-term trend has been UP since Mar 27th, 2023 at 2834
The short-term trend has been UP since Mar 21st, 2023 at 2734
Smart Scan Analysis for @CC.N23
Based on our trend formula, @CC.N23 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2918||52wk High Date||2023-03-31|
|52wk Low||2192||52wk Low Date||2022-09-26|