Future Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
MONT BELVIEU LDH PROPANE Aug 2023 (NYMEX:QB0.Q23)
Long-Term Downtrend (-90) - QB0.Q23 is in a strong downtrend that is likely to continue. While QB0.Q23 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 QB0.Q23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QB0.Q23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QB0.Q23
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QB0.Q23
Based on our trend formula, QB0.Q23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).