Future Trend Analysis Report
Prepared for you on Wednesday, July 15, 2020.
SUGAR #11 WORLD OCTOBER 2021 (ICE:@SB.V21)
Strong Downtrend (-100) - @SB.V21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @SB.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @SB.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @SB.V21
The long-term trend has been DOWN since Feb 28th, 2020 at 13.45
The intermediate-term trend has been DOWN since Jun 29th, 2020 at 11.72
The short-term trend has been DOWN since Jul 7th, 2020 at 11.96
Smart Scan Analysis for @SB.V21
Based on our trend formula, @SB.V21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||15.13||52wk High Date||2019-03-18|
|52wk Low||10.82||52wk Low Date||2020-04-28|