Future Trend Analysis Report
Prepared for you on Friday, July 1, 2022.
GASOLINE EURO-BOB OXY BARGES VS NAPHTHA Oct 2022 (NYMEX:QEGN.V22)
Weak Downtrend (-65) - QEGN.V22 is showing signs of a strengthening downtrend. Monitor QEGN.V22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QEGN.V22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QEGN.V22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QEGN.V22
The long-term trend has been DOWN since Jun 22nd, 2021 at 46.947
The intermediate-term trend has been UP since Aug 25th, 2021 at 36.305
The short-term trend has been DOWN since Sep 7th, 2021 at 38.230
Smart Scan Analysis for QEGN.V22
Based on our trend formula, QEGN.V22 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).