Future Trend Analysis Report
Prepared for you on Saturday, May 21, 2022.
EURO BOB GAS 10 PPM RDAM FOB BARGES MAY 2022 (NYMEX:Q7P.K22)
Long-Term Uptrend (+90) - Q7P.K22 is in a strong uptrend that is likely to continue. While Q7P.K22 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 Q7P.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q7P.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q7P.K22
The long-term trend has been UP since Dec 10th, 2020 at 462.287
The intermediate-term trend has been UP since Aug 30th, 2021 at 658.028
The short-term trend has been UP since Sep 10th, 2021 at 663.777
Smart Scan Analysis for Q7P.K22
Based on our trend formula, Q7P.K22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).