Future Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
COFFEE Jul 2023 (NYMEX:QKT.N23)
Sidelines Mode (+55) - QKT.N23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QKT.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QKT.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QKT.N23
The long-term trend has been UP since Aug 3rd, 2021 at 1.8345
The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 1.9405
The short-term trend has been UP since Sep 27th, 2021 at 1.9550
Smart Scan Analysis for QKT.N23
Based on our trend formula, QKT.N23 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).