Future Trend Analysis Report
Prepared for you on Saturday, December 4, 2021.
EUROPEAN BUTANE CIF ARA (ARGUS) FEBRUARY 2022 (NYMEX:QBEF.G22)
Bull Market Weakness (+75) - QBEF.G22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QBEF.G22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QBEF.G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBEF.G22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBEF.G22
The long-term trend has been UP since Dec 4th, 2020 at 363.269
The intermediate-term trend has been UP since Aug 25th, 2021 at 619.511
The short-term trend has been UP since Sep 8th, 2021 at 640.464
Smart Scan Analysis for QBEF.G22
Based on our trend formula, QBEF.G22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).