Future Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
EUROPEAN LOW SUL GASOIL CRACK SPREAD Jan 2022 (NYMEX:QGZ.F22)
Strong Uptrend (+100) - QGZ.F22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QGZ.F22 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QGZ.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGZ.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGZ.F22
The long-term trend has been UP since Sep 9th, 2021 at 10.481
The intermediate-term trend has been UP since Aug 18th, 2021 at 9.424
The short-term trend has been UP since Sep 29th, 2021 at 10.997
Smart Scan Analysis for QGZ.F22
Based on our trend formula, QGZ.F22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).