Future Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
SINGAPORE MOGAS 92 UNL BRENT CRACK JUNE 2022 (NYMEX:Q1NB.M22)
Countertrend Up (+85) - Q1NB.M22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid Q1NB.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q1NB.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q1NB.M22
The long-term trend has been UP since Jan 5th, 2021 at 3.877
The intermediate-term trend has been UP since Sep 2nd, 2021 at 6.431
The short-term trend has been UP since Sep 2nd, 2021 at 6.264
Smart Scan Analysis for Q1NB.M22
Based on our trend formula, Q1NB.M22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).