Future Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
SUGAR #11 WORLD JULY 2021 (ICE:@SB.N21)
Weak Downtrend (-65) - @SB.N21 is showing signs of a strengthening downtrend. Monitor @SB.N21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid @SB.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SB.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @SB.N21
The long-term trend has been DOWN since Mar 4th, 2020 at 13.42
The intermediate-term trend has been DOWN since Jan 30th, 2020 at 13.98
The short-term trend has been UP since May 4th, 2020 at 11.15
Smart Scan Analysis for @SB.N21
Based on our trend formula, @SB.N21 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||15.01||52wk High Date||2019-03-18|
|52wk Low||10.51||52wk Low Date||2020-04-28|