Future Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
COAL (ICI 4) INDONESIAN COAL INDEX NOVEMBER 2021 (NYMEX:QICI.X21)
Bull Market Weakness (+75) - QICI.X21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QICI.X21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QICI.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QICI.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QICI.X21
The long-term trend has been UP since Nov 27th, 2020 at 30.75
The intermediate-term trend has been UP since Mar 29th, 2021 at 36.00
The short-term trend has been UP since Aug 24th, 2021 at 68.50
Smart Scan Analysis for QICI.X21
Based on our trend formula, QICI.X21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).