Future Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
SUGAR #11 WORLD MAY 2020 (ICE:@SB.K20)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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 @SB.K20
The long term trend has been DOWN since May 3rd, 2019 at 13.63
The intermediate term trend has been UP since Nov 11th, 2019 at 12.63
The short term trend has been UP since Oct 29th, 2019 at 12.47
Smart Scan Analysis for @SB.K20
Based on a pre-defined weighted trend formula for chart analysis, @SB.K20 scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||16.66||52wk High Date||2017-07-28|
|52wk Low||11.89||52wk Low Date||2019-09-12|