Future Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
GASOLINE EURO-BOB OXY BARGES VS NAPHTHA NOVEMBER 2021 (NYMEX:QEGN.X21)
Sidelines Mode (-55) - QEGN.X21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QEGN.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QEGN.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QEGN.X21
The long-term trend has been DOWN since Jul 2nd, 2021 at 22.636
The intermediate-term trend has been UP since Oct 5th, 2021 at 6.590
The short-term trend has been DOWN since Sep 7th, 2021 at 10.496
Smart Scan Analysis for QEGN.X21
Based on our trend formula, QEGN.X21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).