Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
SINGAPORE MOGAS 92 UNL BRENT CRACK OCTOBER 2021 (NYMEX:Q1NB.V21)
Long-Term Uptrend (+90) - Q1NB.V21 is in a strong uptrend that is likely to continue. While Q1NB.V21 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 Q1NB.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q1NB.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q1NB.V21
The long-term trend has been UP since Aug 18th, 2020 at 1.420
The intermediate-term trend has been UP since Oct 1st, 2021 at 7.583
The short-term trend has been UP since Oct 1st, 2021 at 7.583
Smart Scan Analysis for Q1NB.V21
Based on our trend formula, Q1NB.V21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).