Future Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
CALIF CARBON ALLOWANCE 2022 Aug 2022 (NYMEX:QCC2.Q22)
Long-Term Uptrend (+90) - QCC2.Q22 is in a strong uptrend that is likely to continue. While QCC2.Q22 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 QCC2.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCC2.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCC2.Q22
The long-term trend has been UP since Apr 12th, 2021 at 19.27
The intermediate-term trend has been UP since Aug 26th, 2021 at 24.61
The short-term trend has been UP since Sep 20th, 2021 at 24.34
Smart Scan Analysis for QCC2.Q22
Based on our trend formula, QCC2.Q22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).