Future Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
EUROPEAN BUTANE CIF ARA (ARGUS) JUNE 2022 (NYMEX:QBEF.M22)
Bull Market Weakness (+75) - QBEF.M22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QBEF.M22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QBEF.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBEF.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBEF.M22
The long-term trend has been UP since Nov 12th, 2020 at 310.933
The intermediate-term trend has been UP since Aug 24th, 2021 at 552.904
The short-term trend has been UP since Sep 8th, 2021 at 573.347
Smart Scan Analysis for QBEF.M22
Based on our trend formula, QBEF.M22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).