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Future Trend Analysis Report

Prepared for you on Sunday, May 28, 2023.

SINGAPORE NAPHTHA MAY 2023 (NYMEX:QASP.K23)

Long-Term Downtrend (-90) - QASP.K23 is in a strong downtrend that is likely to continue. While QASP.K23 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 QASP.K23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QASP.K23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QASP.K23
Open High Low QASP.K23 Price Change
61.95 61.95 61.95 61.95 0.00
Entry Signal

MarketClub’s Trade Triangles for QASP.K23

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QASP.K23

Based on our trend formula, QASP.K23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QASP.K23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
61.95 61.95 61.95 61.95 0.00
Prev. Close Volume Bid Ask Time
61.95 0 2023-05-25 00:00:00
Volatility29.65Expiration2023-05-31
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