Future Trend Analysis Report
Prepared for you on Sunday, July 5, 2020.
SUGAR #11 WORLD JULY 2020 (ICE:@SB.N20)
Countertrend Down (-85) - @SB.N20 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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 9th, 2020 at 12.87
The intermediate-term trend has been DOWN since Jun 29th, 2020 at 11.45
The short-term trend has been UP since Jun 30th, 2020 at 11.87
Smart Scan Analysis for @SB.N20
Based on our trend formula, @SB.N20 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||16.32||52wk High Date||2017-09-15|
|52wk Low||9.21||52wk Low Date||2020-04-28|