Future Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
COCOA SEPTEMBER 2021 (ICE:@CC.U21)
Crossroads (+60) - @CC.U21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Nov 23rd, 2020 at 2663
The intermediate-term trend has been DOWN since Dec 15th, 2020 at 2464
The short-term trend has been DOWN since Feb 12th, 2021 at 2427
Smart Scan Analysis for @CC.U21
Based on our trend formula, @CC.U21 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2694||52wk High Date||2020-11-24|
|52wk Low||2131||52wk Low Date||2020-07-08|