Future Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
COFFEE DECEMBER 2023 (ICE:@KC.Z23)
Long-Term Uptrend (+90) - @KC.Z23 is in a strong uptrend that is likely to continue. While @KC.Z23 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 @KC.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KC.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KC.Z23
The long-term trend has been UP since Oct 24th, 2023 at 167.50
The intermediate-term trend has been UP since Oct 16th, 2023 at 155.65
The short-term trend has been UP since Nov 24th, 2023 at 179.60
Smart Scan Analysis for @KC.Z23
Based on our trend formula, @KC.Z23 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||246.25||52wk High Date||2021-11-24|
|52wk Low||135.6||52wk Low Date||2021-02-12|