Future Trend Analysis Report
Prepared for you on Saturday, October 1, 2022.
EAST WEST NAPHTHA JAPAN CARGOES FOB NWE SEPTEMBER 2022 (NYMEX:QEWN.U22)
Bear Market Rally (-75) - QEWN.U22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QEWN.U22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QEWN.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QEWN.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QEWN.U22
The long-term trend has been DOWN since Aug 27th, 2021 at 16.250
The intermediate-term trend has been DOWN since Aug 26th, 2021 at 17.500
The short-term trend has been DOWN since Sep 15th, 2021 at 16.375
Smart Scan Analysis for QEWN.U22
Based on our trend formula, QEWN.U22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).