Future Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
EURO NAPHTHA CRACK OCTOBER 2021 (NYMEX:QEN.V21)
Crossroads (+60) - QEN.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 QEN.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QEN.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QEN.V21
The long-term trend has been UP since Jul 22nd, 2021 at 0.063
The intermediate-term trend has been DOWN since Oct 4th, 2021 at 1.430
The short-term trend has been DOWN since Oct 4th, 2021 at 1.430
Smart Scan Analysis for QEN.V21
Based on our trend formula, QEN.V21 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).