Future Trend Analysis Report
Prepared for you on Sunday, August 18, 2019.
COFFEE DECEMBER 2019 (ICE:@KC.Z19)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for @KC.Z19
The long term trend has been UP since Jun 3rd, 2019 at 111.20
The intermediate term trend has been DOWN since Jul 23rd, 2019 at 108.25
The short term trend has been DOWN since Jul 15th, 2019 at 109.25
Smart Scan Analysis for @KC.Z19
Based on a pre-defined weighted trend formula for chart analysis, @KC.Z19 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2017||52wk Low||93.7|
|52wk Low Date||2019-05-07||Volatility||31.8|