Future Trend Analysis Report
Prepared for you on Wednesday, September 28, 2022.
LNG FREIGHT ROUTE BLNG3G (BALTIC) SEPTEMBER 2022 (NYMEX:QBL3.U22)
Weak Downtrend (-65) - QBL3.U22 is showing signs of a strengthening downtrend. Monitor QBL3.U22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QBL3.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBL3.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBL3.U22
The long-term trend has been DOWN since Apr 30th, 2021 at 65500
The intermediate-term trend has been DOWN since Aug 3rd, 2021 at 56500
The short-term trend has been DOWN since Jul 21st, 2021 at 56750
Smart Scan Analysis for QBL3.U22
Based on our trend formula, QBL3.U22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).