Future Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
PROPANE NON-LDH MT BELVIEU OPIS SEPTEMBER 2022 (NYMEX:Q1R.U22)
Countertrend Up (+85) - Q1R.U22 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.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q1R.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q1R.U22
The long-term trend has been UP since Jul 8th, 2020 at 0.44625
The intermediate-term trend has been UP since Aug 27th, 2021 at 0.84063
The short-term trend has been UP since Aug 24th, 2021 at 0.80750
Smart Scan Analysis for Q1R.U22
Based on our trend formula, Q1R.U22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).