Future Trend Analysis Report
Prepared for you on Wednesday, September 28, 2022.
MONT BELVIEU LDH VS EURO PROPANE CIF SEPTEMBER 2022 (NYMEX:Q51.U22)
Long-Term Downtrend (-90) - Q51.U22 is in a strong downtrend that is likely to continue. While Q51.U22 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 Q51.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q51.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q51.U22
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 Q51.U22
Based on our trend formula, Q51.U22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).