Future Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
EUROPEAN BUTANE CIF ARA (ARGUS) Jul 2022 (NYMEX:QBEF.N22)
Bull Market Weakness (+75) - QBEF.N22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QBEF.N22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QBEF.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBEF.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBEF.N22
The long-term trend has been UP since Nov 12th, 2020 at 311.596
The intermediate-term trend has been UP since Aug 24th, 2021 at 547.800
The short-term trend has been UP since Sep 8th, 2021 at 569.128
Smart Scan Analysis for QBEF.N22
Based on our trend formula, QBEF.N22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).