Future Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
PROPANE NON-LDH MT BELVIEU OPIS OCTOBER 2021 (NYMEX:Q1R.V21)
Long-Term Uptrend (+90) - Q1R.V21 is in a strong uptrend that is likely to continue. While Q1R.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 Q1R.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q1R.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q1R.V21
The long-term trend has been UP since Jun 3rd, 2020 at 0.45875
The intermediate-term trend has been UP since Aug 30th, 2021 at 1.14250
The short-term trend has been UP since Aug 24th, 2021 at 1.11188
Smart Scan Analysis for Q1R.V21
Based on our trend formula, Q1R.V21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).