Future Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
LNG FREIGHT ROUTE BLNG1G (BALTIC) OCTOBER 2021 (NYMEX:QBL1.V21)
Crossroads (+60) - QBL1.V21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QBL1.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBL1.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBL1.V21
The long-term trend has been UP since Jul 19th, 2021 at 97563
The intermediate-term trend has been DOWN since Aug 27th, 2021 at 113125
The short-term trend has been DOWN since Aug 24th, 2021 at 117500
Smart Scan Analysis for QBL1.V21
Based on our trend formula, QBL1.V21 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).