Future Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
GASOLINE EURO-BOB OXY BARGES VS NAPHTHA JANUARY 2022 (NYMEX:QEGN.F22)
Bear Market Rally (-75) - QEGN.F22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QEGN.F22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QEGN.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QEGN.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QEGN.F22
The long-term trend has been DOWN since Jul 1st, 2021 at 24.814
The intermediate-term trend has been DOWN since Jun 22nd, 2021 at 29.666
The short-term trend has been DOWN since Sep 30th, 2021 at 6.175
Smart Scan Analysis for QEGN.F22
Based on our trend formula, QEGN.F22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).