Cocoa Prices Projection for year 2025: Based on Evidence using Technical Indicators

dc.contributor.author	Saiman, Mohd Safri
dc.contributor.author	Saiman, Mohd Safri
dc.date.accessioned	2024-12-31T08:30:36Z
dc.date.available	2024-12-31T08:30:36Z
dc.date.issued	2024-12-26
dc.identifier.uri	http://oer.ums.edu.my/handle/oer_source_files/3165
dc.description.abstract	By using a multi timeframe analysis a projection of cocoa prices listed on MetaTrader 5 platform is applied and analysed two simple technical indicators, namely, Exponential Moving Average (EMA) and Bollinger Bands (BB). Based on the remaining days left for year 2024 to complete it is anticipated that cocoa prices are still on an uptrend for the coming months of 2025. Given that prices are moving not in a linear fashion we can expected retracement on higher time frames (at least Daily) with robust noises on lower time frames. All major and minor timeframes mutually supported each other signalling a strong bullish biasedness.	en_US
dc.language.iso	en	en_US
dc.subject	Research Subject Categories::SOCIAL SCIENCES	en_US
dc.title	Cocoa Prices Projection for year 2025: Based on Evidence using Technical Indicators	en_US
dc.type	Other	en_US