Future Trend Analysis Report
Prepared for you on Wednesday, July 15, 2020.
SUGAR #11 WORLD MARCH 2022 (ICE:@SB.H22)
Weak Downtrend (-65) - @SB.H22 is showing signs of a strengthening downtrend. Monitor @SB.H22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid @SB.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SB.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @SB.H22
The long-term trend has been DOWN since Feb 27th, 2020 at 13.84
The intermediate-term trend has been DOWN since Jun 29th, 2020 at 12.00
The short-term trend has been DOWN since Jul 7th, 2020 at 12.20
Smart Scan Analysis for @SB.H22
Based on our trend formula, @SB.H22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||15.3||52wk High Date||2019-04-16|
|52wk Low||11.38||52wk Low Date||2020-05-13|