Future Trend Analysis Report
Prepared for you on Wednesday, May 25, 2022.
SINGAPORE NAPHTHA May 2022 (NYMEX:QASP.K22)
Bull Market Weakness (+75) - QASP.K22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QASP.K22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QASP.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QASP.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QASP.K22
The long-term trend has been UP since Dec 15th, 2020 at 43.898
The intermediate-term trend has been UP since Sep 10th, 2021 at 65.444
The short-term trend has been UP since Sep 10th, 2021 at 65.395
Smart Scan Analysis for QASP.K22
Based on our trend formula, QASP.K22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).