Future Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
MONT BELVIEU LDH PROPANE NOVEMBER 2022 (NYMEX:QB0.X22)
Bull Market Weakness (+75) - QB0.X22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QB0.X22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QB0.X22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QB0.X22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QB0.X22
The long-term trend has been UP since Nov 27th, 2020 at 0.47813
The intermediate-term trend has been UP since Aug 31st, 2021 at 0.84250
The short-term trend has been UP since Aug 24th, 2021 at 0.80750
Smart Scan Analysis for QB0.X22
Based on our trend formula, QB0.X22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).