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Future Trend Analysis Report
Prepared for you on Monday, May 6, 2024.
SUGAR #16 JULY 2024 (ICE:@SFI.N24)
Long-Term Downtrend (-90) - @SFI.N24 is in a strong downtrend that is likely to continue. While @SFI.N24 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @SFI.N24?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SFI.N24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for @SFI.N24
The long-term trend has been DOWN since Dec 6th, 2023 at 41.75
The intermediate-term trend has been DOWN since Mar 20th, 2024 at 40.50
The short-term trend has been DOWN since Apr 17th, 2024 at 40.00
Smart Scan Analysis for @SFI.N24
Based on our trend formula, @SFI.N24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 37.99 | 37.99 | 37.99 | 38.10 | +0.11 |
| Prev. Close | Volume | Bid | Ask | Time |
| 37.99 | 0 | 2024-04-30 12:55:26 |
| Volatility | 14.82 |