Future Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
METHANOL CFR CHINA SPECIFIC ORIGIN ICIS OCTOBER 2021 (NYMEX:QCMS.V21)
Bull Market Weakness (+75) - QCMS.V21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QCMS.V21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QCMS.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCMS.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCMS.V21
The long-term trend has been UP since May 17th, 2021 at 343.0
The intermediate-term trend has been UP since Jul 7th, 2021 at 344.0
The short-term trend has been UP since Sep 7th, 2021 at 359.5
Smart Scan Analysis for QCMS.V21
Based on our trend formula, QCMS.V21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).