Future Trend Analysis Report
Prepared for you on Saturday, September 24, 2022.
EUROPEAN LOW SUL GASOIL CRACK SPREAD SEPTEMBER 2022 (NYMEX:QGZ.U22)
Countertrend Up (+85) - QGZ.U22 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 QGZ.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGZ.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGZ.U22
The long-term trend has been UP since Sep 9th, 2021 at 12.175
The intermediate-term trend has been UP since Aug 31st, 2021 at 11.195
The short-term trend has been UP since Sep 2nd, 2021 at 11.496
Smart Scan Analysis for QGZ.U22
Based on our trend formula, QGZ.U22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).