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Future Trend Analysis Report

Prepared for you on Sunday, January 23, 2022.

EUROPEAN BUTANE CIF ARA (ARGUS) May 2024 (NYMEX:QBEF.K24)

Long-Term Downtrend (-90) - QBEF.K24 is in a strong downtrend that is likely to continue. While QBEF.K24 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QBEF.K24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QBEF.K24.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QBEF.K24
Open High Low QBEF.K24 Price Change
485.591 485.591 485.591 485.591 0.000
Entry Signal

MarketClub’s Trade Triangles for QBEF.K24

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QBEF.K24

Based on our trend formula, QBEF.K24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QBEF.K24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
485.591 485.591 485.591 485.591 0.000
Prev. Close Volume Bid Ask Time
486.342 0 2022-01-20 00:00:00
Volatility108.06Expiration2024-05-31
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