Future Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
WTI HOUSTON VS WTI TRADE MONTH Aug 2022 (NYMEX:QHTT.Q22)
Weak Downtrend (-65) - QHTT.Q22 is showing signs of a strengthening downtrend. Monitor QHTT.Q22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QHTT.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QHTT.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QHTT.Q22
The long-term trend has been DOWN since May 24th, 2021 at 1.23
The intermediate-term trend has been DOWN since Sep 16th, 2021 at 0.83
The short-term trend has been DOWN since Sep 2nd, 2021 at 0.88
Smart Scan Analysis for QHTT.Q22
Based on our trend formula, QHTT.Q22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).