Spread Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
SUGAR #11 MAR 22/OCT 23 (NYMEX:QYO.H22-QYO.V23)
Long-Term Downtrend (-90) - QYO.H22-QYO.V23 is in a strong downtrend that is likely to continue. While QYO.H22-QYO.V23 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 QYO.H22-QYO.V23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QYO.H22-QYO.V23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QYO.H22-QYO.V23
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QYO.H22-QYO.V23
Based on our trend formula, QYO.H22-QYO.V23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).