Future Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
WTS (ARGUS) V WTI TRADE MONTH FEBRUARY 2023 (NYMEX:QFH.G23)
Long-Term Downtrend (-90) - QFH.G23 is in a strong downtrend that is likely to continue. While QFH.G23 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 QFH.G23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFH.G23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFH.G23
The long-term trend has been DOWN since May 25th, 2021 at 0.05
The intermediate-term trend has been DOWN since May 25th, 2021 at 0.10
The short-term trend has been DOWN since May 25th, 2021 at 0.25
Smart Scan Analysis for QFH.G23
Based on our trend formula, QFH.G23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).