Future Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
GASOLINE EURO-BOB OXY BARGES VS NAPHTHA Oct 2021 (NYMEX:QEGN.V21)
Crossroads (+60) - QEGN.V21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QEGN.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QEGN.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QEGN.V21
The long-term trend has been DOWN since Jul 2nd, 2021 at 30.280
The intermediate-term trend has been UP since Oct 5th, 2021 at 19.117
The short-term trend has been UP since Oct 1st, 2021 at 12.435
Smart Scan Analysis for QEGN.V21
Based on our trend formula, QEGN.V21 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).