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Future Trend Analysis Report

Prepared for you on Friday, March 24, 2023.

SUGAR #11 WORLD MAY 2023 (ICE:@SB.K23)

Long-Term Uptrend (+90) - @SB.K23 is in a strong uptrend that is likely to continue. While @SB.K23 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid @SB.K23?

MarketClub looks at technical strength and momentum to determine if the timing is right for @SB.K23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low @SB.K23 Price Change
20.97 20.99 20.65 20.84 -0.05
Entry Signal

MarketClub’s Trade Triangles for @SB.K23

long term up The long-term trend has been UP since Nov 8th, 2022 at 17.96

intermediate term up The intermediate-term trend has been UP since Jan 26th, 2023 at 18.86

short term up The short-term trend has been UP since Mar 21st, 2023 at 20.85

Smart Scan Analysis for @SB.K23

Based on our trend formula, @SB.K23 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for @SB.K23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.97 20.99 20.65 20.84 -0.05
Prev. Close Volume Bid Ask Time
20.89 54542 20.88 20.90 2023-03-24 12:59:58
52wk High21.3852wk High Date2023-03-22
52wk Low11.8252wk Low Date2020-06-30
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