Future Trend Analysis Report
Prepared for you on Saturday, May 21, 2022.
COAL (ICI 4) INDONESIAN COAL INDEX MAY 2022 (NYMEX:QICI.K22)
Bull Market Weakness (+75) - QICI.K22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QICI.K22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QICI.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QICI.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QICI.K22
The long-term trend has been UP since Nov 2nd, 2020 at 30.70
The intermediate-term trend has been UP since Jun 11th, 2021 at 42.95
The short-term trend has been UP since Aug 23rd, 2021 at 53.50
Smart Scan Analysis for QICI.K22
Based on our trend formula, QICI.K22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).