Future Trend Analysis Report
Prepared for you on Monday, August 8, 2022.
GASOLINE EURO-BOB OXY BARGES VS NAPHTHA Aug 2022 (NYMEX:QEGN.Q22)
Strong Downtrend (-100) - QEGN.Q22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QEGN.Q22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QEGN.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QEGN.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QEGN.Q22
The long-term trend has been DOWN since Jun 25th, 2021 at 76.334
The intermediate-term trend has been DOWN since Sep 28th, 2021 at 69.034
The short-term trend has been DOWN since Sep 8th, 2021 at 70.333
Smart Scan Analysis for QEGN.Q22
Based on our trend formula, QEGN.Q22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).