Future Trend Analysis Report
Prepared for you on Friday, July 19, 2019.
COCOA SEPTEMBER 2019 (ICE:@CC.U19)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
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.U19
The long term trend has been UP since Nov 7th, 2018 at 2424
The intermediate term trend has been DOWN since Jul 15th, 2019 at 2420
The short term trend has been UP since Jul 19th, 2019 at 2459
Smart Scan Analysis for @CC.U19
Based on a pre-defined weighted trend formula for chart analysis, @CC.U19 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk Low||1995|
|52wk Low Date||2017-12-13||Volatility||22.31|