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Future Trend Analysis Report

Prepared for you on Thursday, June 30, 2022.

EAST WEST NAPHTHA JAPAN CARGOES FOB NWE JUNE 2022 (NYMEX:QEWN.M22)

Long-Term Downtrend (-90) - QEWN.M22 is in a strong downtrend that is likely to continue. While QEWN.M22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QEWN.M22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QEWN.M22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QEWN.M22
Open High Low QEWN.M22 Price Change
18.68 18.68 18.68 18.68 0.00
Entry Signal

MarketClub’s Trade Triangles for QEWN.M22

long term down The long-term trend has been DOWN since Sep 27th, 2021 at 14.750

intermediate term down The intermediate-term trend has been DOWN since Aug 27th, 2021 at 16.000

short term down The short-term trend has been DOWN since Sep 27th, 2021 at 14.875

Smart Scan Analysis for QEWN.M22

Based on our trend formula, QEWN.M22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QEWN.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.68 18.68 18.68 18.68 0.00
Prev. Close Volume Bid Ask Time
18.68 0 2022-06-29 00:00:00
Volatility762.7Expiration2022-06-30
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