Future Trend Analysis Report
Prepared for you on Saturday, December 4, 2021.
EUROPEAN LOW SULPHUR GASOIL NOVEMBER 2021 (NYMEX:QGX.X21)
Countertrend Up (+85) - QGX.X21 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 QGX.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGX.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGX.X21
The long-term trend has been UP since Sep 2nd, 2021 at 609.705
The intermediate-term trend has been UP since Aug 27th, 2021 at 592.614
The short-term trend has been UP since Sep 2nd, 2021 at 597.045
Smart Scan Analysis for QGX.X21
Based on our trend formula, QGX.X21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).