Future Trend Analysis Report
Prepared for you on Wednesday, May 25, 2022.
EUROPEAN DIESEL 10 PPM BARGES FOB ARA May 2022 (NYMEX:QGT.K22)
Bull Market Weakness (+75) - QGT.K22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QGT.K22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QGT.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGT.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGT.K22
The long-term trend has been UP since Sep 20th, 2021 at 597.49
The intermediate-term trend has been UP since Aug 30th, 2021 at 579.27
The short-term trend has been UP since Sep 2nd, 2021 at 583.63
Smart Scan Analysis for QGT.K22
Based on our trend formula, QGT.K22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).