Future Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
LLDPE LINEAR LD POLYETHYLENE CAL Jan 2022 (NYMEX:QLPE.F22)
Sidelines Mode (+55) - QLPE.F22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QLPE.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QLPE.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QLPE.F22
The long-term trend has been DOWN since Aug 4th, 2021 at 0.7
The intermediate-term trend has been UP since Aug 10th, 2021 at 0.7
The short-term trend has been DOWN since Sep 10th, 2021 at 0.7
Smart Scan Analysis for QLPE.F22
Based on our trend formula, QLPE.F22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).