Future Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
LNG JAPAN/KOREA MARKER (PLATTS) NOVEMBER 2021 (NYMEX:QJKM.X21)
Long-Term Uptrend (+90) - QJKM.X21 is in a strong uptrend that is likely to continue. While QJKM.X21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QJKM.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QJKM.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QJKM.X21
The long-term trend has been UP since Jul 6th, 2020 at 5.100
The intermediate-term trend has been UP since Mar 9th, 2021 at 7.325
The short-term trend has been UP since Aug 24th, 2021 at 16.475
Smart Scan Analysis for QJKM.X21
Based on our trend formula, QJKM.X21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).