Future Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
PROPANE NON-LDH MT BELVIEU OPIS JANUARY 2022 (NYMEX:Q1R.F22)
Countertrend Up (+85) - Q1R.F22 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 Q1R.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q1R.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q1R.F22
The long-term trend has been UP since Aug 17th, 2020 at 0.48813
The intermediate-term trend has been UP since Aug 27th, 2021 at 1.10750
The short-term trend has been UP since Aug 24th, 2021 at 1.07500
Smart Scan Analysis for Q1R.F22
Based on our trend formula, Q1R.F22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).