Future Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
MONT BELVIEU NORMAL BUTANE NON-LDH Dec 2023 (NYMEX:QAD0.Z23)
Countertrend Up (+85) - QAD0.Z23 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.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAD0.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAD0.Z23
The long-term trend has been UP since Nov 27th, 2020 at 0.50464
The intermediate-term trend has been UP since Sep 2nd, 2021 at 0.79750
The short-term trend has been UP since Aug 24th, 2021 at 0.77063
Smart Scan Analysis for QAD0.Z23
Based on our trend formula, QAD0.Z23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).