Future Trend Analysis Report
Prepared for you on Wednesday, September 18, 2019.
ORANGE JUICE - A NOVEMBER 2019 (ICE:@OJ.X19)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 @OJ.X19
The long term trend has been DOWN since Sep 14th, 2018 at 157.0
The intermediate term trend has been UP since Sep 11th, 2019 at 105.2
The short term trend has been DOWN since Sep 17th, 2019 at 101.7
Smart Scan Analysis for @OJ.X19
Based on a pre-defined weighted trend formula for chart analysis, @OJ.X19 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||145.5||52wk High Date||2018-12-03|
|52wk Low||94.65||52wk Low Date||2019-08-19|