Future Trend Analysis Report
Prepared for you on Saturday, September 24, 2022.
EUROPEAN LOW SUL GASOIL CRACK SPREAD DECEMBER 2024 (NYMEX:QGZ.Z24)
Strong Uptrend (+100) - QGZ.Z24 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QGZ.Z24 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.Z24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGZ.Z24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGZ.Z24
The long-term trend has been UP since Sep 20th, 2021 at 14.669
The intermediate-term trend has been UP since Aug 25th, 2021 at 13.199
The short-term trend has been UP since Sep 2nd, 2021 at 13.655
Smart Scan Analysis for QGZ.Z24
Based on our trend formula, QGZ.Z24 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).