Future Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
COCOA DECEMBER 2021 (ICE:@CC.Z21)
Crossroads (-60) - @CC.Z21 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.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @CC.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @CC.Z21
The long-term trend has been UP since Aug 13th, 2021 at 2620
The intermediate-term trend has been DOWN since Oct 19th, 2021 at 2537
The short-term trend has been DOWN since Oct 11th, 2021 at 2681
Smart Scan Analysis for @CC.Z21
Based on our trend formula, @CC.Z21 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2792||52wk High Date||2021-10-04|
|52wk Low||2124||52wk Low Date||2020-07-08|