Future Trend Analysis Report
Prepared for you on Saturday, January 29, 2022.
PROPANE NON-LDH MT BELVIEU OPIS DECEMBER 2024 (NYMEX:Q1R.Z24)
Long-Term Downtrend (-90) - Q1R.Z24 is in a strong downtrend that is likely to continue. While Q1R.Z24 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid Q1R.Z24?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q1R.Z24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q1R.Z24
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for Q1R.Z24
Based on our trend formula, Q1R.Z24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).