Future Trend Analysis Report
Prepared for you on Thursday, September 24, 2020.
MONT BELVIEU LDH PROPANE Oct 2020 (NYMEX:QB0.V20)
Countertrend Down (-85) - QB0.V20 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid QB0.V20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QB0.V20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QB0.V20
The long-term trend has been DOWN since Sep 8th, 2020 at 0.47063
The intermediate-term trend has been DOWN since Sep 3rd, 2020 at 0.49938
The short-term trend has been UP since Sep 16th, 2020 at 0.47000
Smart Scan Analysis for QB0.V20
Based on our trend formula, QB0.V20 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.49875||52wk High Date||2020-09-22|
|52wk Low||0.49875||52wk Low Date||2020-09-22|