Future Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
GASOLINE EURO-BOB OXY BARGES VS NAPHTHA Apr 2024 (NYMEX:QEGN.J24)
Bear Market Rally (-75) - QEGN.J24 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QEGN.J24 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QEGN.J24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QEGN.J24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QEGN.J24
The long-term trend has been DOWN since Jul 19th, 2021 at 83.227
The intermediate-term trend has been UP since Aug 23rd, 2021 at 70.029
The short-term trend has been DOWN since Oct 4th, 2021 at 78.677
Smart Scan Analysis for QEGN.J24
Based on our trend formula, QEGN.J24 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).