Future Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
MONT BELVIEU ISO BUTANE 5 DECIMAL OCTOBER 2021 (NYMEX:Q8I.V21)
Long-Term Uptrend (+90) - Q8I.V21 is in a strong uptrend that is likely to continue. While Q8I.V21 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 Q8I.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q8I.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q8I.V21
The long-term trend has been UP since Aug 17th, 2020 at 0.54188
The intermediate-term trend has been UP since Aug 31st, 2021 at 1.34813
The short-term trend has been UP since Sep 9th, 2021 at 1.37500
Smart Scan Analysis for Q8I.V21
Based on our trend formula, Q8I.V21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).