Future Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
COCOA DECEMBER 2020 (ICE:@CC.Z20)
Sidelines Mode (+55) - @CC.Z20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid @CC.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CC.Z20
The long-term trend has been UP since Aug 3rd, 2020 at 2434
The intermediate-term trend has been UP since Jul 27th, 2020 at 2241
The short-term trend has been DOWN since Sep 22nd, 2020 at 2577
Smart Scan Analysis for @CC.Z20
Based on our trend formula, @CC.Z20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2802||52wk High Date||2020-02-14|
|52wk Low||2115||52wk Low Date||2020-07-08|