Future Trend Analysis Report
Prepared for you on Wednesday, May 25, 2022.
SINGAPORE MOGAS 95 UNLEADED JUNE 2023 (NYMEX:QAV0.M23)
Countertrend Up (+85) - QAV0.M23 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 QAV0.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAV0.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAV0.M23
The long-term trend has been UP since Nov 24th, 2020 at 55.925
The intermediate-term trend has been UP since Aug 24th, 2021 at 70.677
The short-term trend has been UP since Sep 10th, 2021 at 71.660
Smart Scan Analysis for QAV0.M23
Based on our trend formula, QAV0.M23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).