Future Trend Analysis Report
Prepared for you on Wednesday, May 18, 2022.
PREM UNL 10 PPM (PLATTS) FOB MED JULY 2022 (NYMEX:Q3G.N22)
Bull Market Weakness (+75) - Q3G.N22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on Q3G.N22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid Q3G.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q3G.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q3G.N22
The long-term trend has been DOWN since Aug 20th, 2021 at 598.250
The intermediate-term trend has been UP since Aug 27th, 2021 at 647.895
The short-term trend has been UP since Sep 10th, 2021 at 654.718
Smart Scan Analysis for Q3G.N22
Based on our trend formula, Q3G.N22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).