Future Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
LNG FREIGHT ROUTE BLNG2G (BALTIC) May 2022 (NYMEX:QBL2.K22)
Long-Term Uptrend (+90) - QBL2.K22 is in a strong uptrend that is likely to continue. While QBL2.K22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QBL2.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBL2.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBL2.K22
The long-term trend has been UP since Apr 26th, 2021 at 31000
The intermediate-term trend has been UP since Apr 26th, 2021 at 31000
The short-term trend has been UP since Aug 13th, 2021 at 48375
Smart Scan Analysis for QBL2.K22
Based on our trend formula, QBL2.K22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).