Future Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
LNG JAPAN/KOREA MARKER (PLATTS) YEN JULY 2023 (NYMEX:QJKY.N23)
Countertrend Up (+85) - QJKY.N23 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QJKY.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QJKY.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QJKY.N23
The long-term trend has been UP since Feb 8th, 2021 at 556.5
The intermediate-term trend has been UP since Feb 8th, 2021 at 556.5
The short-term trend has been UP since Sep 21st, 2021 at 894.0
Smart Scan Analysis for QJKY.N23
Based on our trend formula, QJKY.N23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).