Future Trend Analysis Report
Prepared for you on Thursday, July 7, 2022.
EUROPEAN LOW SULPHUR GASOIL JUNE 2022 (NYMEX:QGX.M22)
Bull Market Weakness (+75) - QGX.M22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QGX.M22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QGX.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGX.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGX.M22
The long-term trend has been UP since Sep 16th, 2021 at 595.739
The intermediate-term trend has been UP since Aug 27th, 2021 at 577.659
The short-term trend has been UP since Sep 2nd, 2021 at 582.330
Smart Scan Analysis for QGX.M22
Based on our trend formula, QGX.M22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).