Future Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
GASOLINE EUROBOB NON-OXY NWE BRGS CRACK May 2023 (NYMEX:QGNS.K23)
Sidelines Mode (+50) - QGNS.K23 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QGNS.K23 can gain momentum.
Is it time to buy, sell, or avoid QGNS.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGNS.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGNS.K23
The long-term trend has been DOWN since Apr 1st, 2021 at 10.304
The intermediate-term trend has been UP since Aug 20th, 2021 at 9.883
The short-term trend has been UP since Sep 10th, 2021 at 9.901
Smart Scan Analysis for QGNS.K23
Based on our trend formula, QGNS.K23 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).