Future Trend Analysis Report
Prepared for you on Thursday, August 13, 2020.
COCOA SEPTEMBER 2021 (ICE:@CC.U21)
Long-Term Uptrend (+90) - @CC.U21 is in a strong uptrend that is likely to continue. While @CC.U21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid @CC.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CC.U21
The long-term trend has been UP since Aug 4th, 2020 at 2412
The intermediate-term trend has been UP since Jul 20th, 2020 at 2210
The short-term trend has been UP since Jul 17th, 2020 at 2188
Smart Scan Analysis for @CC.U21
Based on our trend formula, @CC.U21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2619||52wk High Date||2020-02-19|
|52wk Low||2131||52wk Low Date||2020-07-08|