Future Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
EUROPEAN BUTANE CIF ARA (ARGUS) SEPTEMBER 2022 (NYMEX:QBEF.U22)
Bull Market Weakness (+75) - QBEF.U22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QBEF.U22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QBEF.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBEF.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBEF.U22
The long-term trend has been UP since Nov 30th, 2020 at 322.099
The intermediate-term trend has been UP since Aug 24th, 2021 at 543.523
The short-term trend has been UP since Sep 8th, 2021 at 564.425
Smart Scan Analysis for QBEF.U22
Based on our trend formula, QBEF.U22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).