Future Trend Analysis Report
Prepared for you on Monday, November 18, 2019.
ORANGE JUICE - A NOVEMBER 2019 (ICE:@OJ.X19)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 @OJ.X19
The long term trend has been DOWN since Sep 14th, 2018 at 157.00
The intermediate term trend has been DOWN since Oct 28th, 2019 at 96.70
The short term trend has been DOWN since Oct 18th, 2019 at 99.05
Smart Scan Analysis for @OJ.X19
Based on a pre-defined weighted trend formula for chart analysis, @OJ.X19 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||145.5||52wk High Date||2018-12-03|
|52wk Low||92.6||52wk Low Date||2019-10-30|