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Future Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
COCOA DECEMBER 2021 (ICE:@CC.Z21)
Long-Term Uptrend (+90) - @CC.Z21 is in a strong uptrend that is likely to continue. While @CC.Z21 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.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.
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MarketClub’s Trade Triangles for @CC.Z21
The long-term trend has been UP since Nov 24th, 2020 at 2650
The intermediate-term trend has been UP since Feb 24th, 2021 at 2508
The short-term trend has been UP since Feb 22nd, 2021 at 2435
Smart Scan Analysis for @CC.Z21
Based on our trend formula, @CC.Z21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2574 | 2581 | 2535 | 2545 | -69 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2614 | 1624 | 2021-03-05 13:29:57 |
| 52wk High | 2668 | 52wk High Date | 2020-11-24 |
| 52wk Low | 2124 | 52wk Low Date | 2020-07-08 |
| Volatility | 20 | Expiration | 2021-12-15 |