Future Trend Analysis Report
Prepared for you on Sunday, September 22, 2019.
COFFEE DECEMBER 2020 (ICE:@KC.Z20)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.Z20
The long term trend has been DOWN since Aug 20th, 2019 at 107.10
The intermediate term trend has been UP since Sep 10th, 2019 at 110.85
The short term trend has been UP since Sep 10th, 2019 at 110.60
Smart Scan Analysis for @KC.Z20
Based on a pre-defined weighted trend formula for chart analysis, @KC.Z20 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||152.2||52wk High Date||2018-05-04|
|52wk Low||106.85||52wk Low Date||2019-08-20|