Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
ARGUS PROP FAR E VS EURO PROPANE ARGUS OCTOBER 2021 (NYMEX:Q91.V21)
Long-Term Downtrend (-90) - Q91.V21 is in a strong downtrend that is likely to continue. While Q91.V21 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 Q91.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q91.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q91.V21
The long-term trend has been DOWN since Sep 15th, 2021 at 51.500
The intermediate-term trend has been DOWN since Aug 24th, 2021 at 61.460
The short-term trend has been DOWN since Sep 1st, 2021 at 60.583
Smart Scan Analysis for Q91.V21
Based on our trend formula, Q91.V21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).