Future Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
SUGAR #11 WORLD JULY 2020 (ICE:@SB.N20)
Bull Market Weakness (+75) - @SB.N20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @SB.N20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid
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 UP since Dec 4th, 2019 at 13.11
The intermediate-term trend has been UP since Nov 11th, 2019 at 12.77
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 +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||16.32||52wk High Date||2017-09-15|
|52wk Low||12.1||52wk Low Date||2019-09-12|