Future Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
EUROPEAN LOW SULPHUR GASOIL JANUARY 2022 (NYMEX:QGX.F22)
Long-Term Uptrend (+90) - QGX.F22 is in a strong uptrend that is likely to continue. While QGX.F22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QGX.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGX.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGX.F22
The long-term trend has been UP since Sep 20th, 2021 at 606.000
The intermediate-term trend has been UP since Aug 30th, 2021 at 587.083
The short-term trend has been UP since Sep 2nd, 2021 at 591.750
Smart Scan Analysis for QGX.F22
Based on our trend formula, QGX.F22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).