Future Trend Analysis Report
Prepared for you on Friday, July 1, 2022.
BRENT DATED FRONTLINE JUNE 2022 (NYMEX:QFY.M22)
Countertrend Up (+85) - QFY.M22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QFY.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFY.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFY.M22
The long-term trend has been UP since Sep 30th, 2021 at 0.06
The intermediate-term trend has been UP since Sep 30th, 2021 at 0.04
The short-term trend has been UP since Sep 30th, 2021 at 0.04
Smart Scan Analysis for QFY.M22
Based on our trend formula, QFY.M22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).