Future Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
EURO PROPANE CIF VS. NAPHTHA CIF OCTOBER 2021 (NYMEX:QEPN.V21)
Long-Term Uptrend (+90) - QEPN.V21 is in a strong uptrend that is likely to continue. While QEPN.V21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QEPN.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QEPN.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QEPN.V21
The long-term trend has been UP since Aug 11th, 2021 at 0.875
The intermediate-term trend has been UP since Aug 11th, 2021 at 0.875
The short-term trend has been UP since Sep 9th, 2021 at 24.625
Smart Scan Analysis for QEPN.V21
Based on our trend formula, QEPN.V21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).