Future Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
COCOA SEPTEMBER 2020 (ICE:@CC.U20)
Bull Market Weakness (+75) - @CC.U20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @CC.U20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid @CC.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CC.U20
The long-term trend has been UP since Aug 3rd, 2020 at 2475
The intermediate-term trend has been UP since Jul 27th, 2020 at 2258
The short-term trend has been DOWN since Sep 3rd, 2020 at 2722
Smart Scan Analysis for @CC.U20
Based on our trend formula, @CC.U20 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2894||52wk High Date||2020-02-14|
|52wk Low||2092||52wk Low Date||2020-07-08|