Future Trend Analysis Report
Prepared for you on Tuesday, November 24, 2020.
MONT BELVIEU LDH VS EURO PROPANE CIF Nov 2020 (NYMEX:Q51.X20)
Long-Term Downtrend (-90) - Q51.X20 is in a strong downtrend that is likely to continue. While Q51.X20 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.X20?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q51.X20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q51.X20
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.X20
Based on our trend formula, Q51.X20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).