Future Trend Analysis Report
Prepared for you on Thursday, July 7, 2022.
MONT BELVIEU LDH PROPANE MAY 2023 (NYMEX:QB0.K23)
Bull Market Weakness (+75) - QB0.K23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QB0.K23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QB0.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QB0.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QB0.K23
The long-term trend has been UP since Jul 8th, 2020 at 0.42063
The intermediate-term trend has been UP since Sep 7th, 2021 at 0.72813
The short-term trend has been UP since Aug 24th, 2021 at 0.69438
Smart Scan Analysis for QB0.K23
Based on our trend formula, QB0.K23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).