Future Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
MONT BELVIEU NORMAL BUTANE NON-LDH May 2022 (NYMEX:QAD0.K22)
Countertrend Up (+85) - QAD0.K22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QAD0.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAD0.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAD0.K22
The long-term trend has been UP since Aug 19th, 2020 at 0.4725
The intermediate-term trend has been UP since Aug 27th, 2021 at 0.9950
The short-term trend has been UP since Aug 24th, 2021 at 0.9625
Smart Scan Analysis for QAD0.K22
Based on our trend formula, QAD0.K22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).