Future Trend Analysis Report
Prepared for you on Friday, April 3, 2020.
SUGAR #11 WORLD JULY 2020 (ICE:@SB.N20)
Strong Downtrend (-100) - @SB.N20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @SB.N20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SB.N20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @SB.N20
The long-term trend has been DOWN since Mar 12th, 2020 at 12.87
The intermediate-term trend has been DOWN since Feb 27th, 2020 at 14.15
The short-term trend has been DOWN since Feb 14th, 2020 at 14.61
Smart Scan Analysis for @SB.N20
Based on our trend formula, @SB.N20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||16.32||52wk High Date||2017-09-15|
|52wk Low||10.05||52wk Low Date||2020-04-01|