Future Trend Analysis Report
Prepared for you on Saturday, January 25, 2020.
SUGAR #11 WORLD OCTOBER 2020 (ICE:@SB.V20)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for @SB.V20
The long term trend has been UP since Dec 4th, 2019 at 13.30
The intermediate term trend has been UP since Nov 6th, 2019 at 13.07
The short term trend has been DOWN since Jan 24th, 2020 at 14.40
Smart Scan Analysis for @SB.V20
Based on a pre-defined weighted trend formula for chart analysis, @SB.V20 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||15.78||52wk High Date||2017-11-17|
|52wk Low||12.4||52wk Low Date||2019-09-11|