Future Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
MONT BELVIEU LDH PROPANE AUGUST 2023 (NYMEX:QB0.Q23)
Bull Market Weakness (+75) - QB0.Q23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QB0.Q23 as it may be in the beginning stages of a reversal.
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 UP since Jul 8th, 2020 at 0.43125
The intermediate-term trend has been UP since Sep 7th, 2021 at 0.72063
The short-term trend has been UP since Sep 2nd, 2021 at 0.71375
Smart Scan Analysis for QB0.Q23
Based on our trend formula, QB0.Q23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).