Future Trend Analysis Report
Prepared for you on Thursday, December 9, 2021.
JAPAN C&F NAPHTHA CRACK SPREAD NOVEMBER 2021 (NYMEX:QJB.X21)
Sidelines Mode (-50) - QJB.X21 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QJB.X21 can gain momentum.
Is it time to buy, sell, or avoid QJB.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QJB.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QJB.X21
The long-term trend has been UP since Jul 19th, 2021 at 0.400
The intermediate-term trend has been DOWN since Sep 29th, 2021 at 1.577
The short-term trend has been DOWN since Sep 29th, 2021 at 2.270
Smart Scan Analysis for QJB.X21
Based on our trend formula, QJB.X21 is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).