Future Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
SUGAR #11 WORLD MAY 2022 (ICE:@SB.K22)
Strong Downtrend (-100) - @SB.K22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @SB.K22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @SB.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SB.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @SB.K22
The long-term trend has been DOWN since Dec 2nd, 2021 at 18.23
The intermediate-term trend has been DOWN since Nov 26th, 2021 at 18.90
The short-term trend has been DOWN since Jan 24th, 2022 at 18.43
Smart Scan Analysis for @SB.K22
Based on our trend formula, @SB.K22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||20.29||52wk High Date||2021-11-18|
|52wk Low||11.19||52wk Low Date||2020-05-14|